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Crypto asset managers have increased their onchain allocations to $4 billion this year, with DeFi emerging as a critical back-end for fintech services. A new report highlights the rise of ‘crypto-native’ asset managers diversifying their investments.
- Crypto asset managers' onchain allocations hit $4 billion in 2024, per Artemis and Vaults.
- DeFi is becoming a key back-end for institutional fintech services.
- Nearly $2 billion has been locked in Morpho Protocol by major firms.
📎 Related coverage from: cointelegraph.com