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Over 20 investment funds hold Dash, and 40 more plan to add it: Report

Over 20 investment funds hold Dash, and 40 more plan to add it: Report


Cointelegraph Research conducted a first-of-its-kind survey querying over 2,000 global crypto funds and certificates to gain an insight into their investment allocations during 2021. The survey was conducted via email between March 2021 and December 2021. The 200 funds that responded collectively managed approximately $1.2 billion in cryptocurrency and blockchain investments.

Interestingly, the study found that 20 surveyed asset allocators already have exposure to Dash in their portfolio, including Valkyrie, Parallax Digital, Block Ventures, INDX Capital and others. An additional 40 funds reported that they wanted to invest in Dash during the next 12 months, and 70% of respondents requested to receive the final results of Cointelegraph’s Dash investment thesis report.

Download the full report, complete with charts and infographics

Dash aims to solve the blockchain scaling problem while remaining decentralized by combining the proof-of-work and proof-of-stake consensus mechanisms. According to Cointelegraph Research, Dash’s average transaction fee in 2021 was $0.005, compared with Ethereum’s $21.90 and Bitcoin’s $10.30. Users can benefit from Dash’s instant transactions when paying at merchants in several countries, and its staking rewards and historical financial performance compared with other assets have been impressive. 2022 marks an important milestone in Dash’s evolution, as the mainnet launch of Dash Platform will enable developers and users to embrace the benefits of decentralized applications.

Cointelegraph Research’s new report analyzes Dash and its main functionalities and developments in recent years. The cryptocurrency has been used for everyday payments since its launch in 2014, utilizing technological advancements to provide users with secure transactions and store-of-value features. The report provides information for investors and potential users who wish to learn more about Dash. In addition to covering Dash’s vision and general features, the report includes a deep dive into its tokenomics along with its price performance and regulation. The report also discusses how Dash continues to innovate, having evolved from a scalable payment solution to a Web3 ecosystem.

With its launch, Dash wanted to offer digital payment solutions to clients across the globe. It attempts to set itself apart from other cryptocurrencies with easy, secure, fast payment technology. Together with retail partners on several continents, Dash now offers easy access to digital cash for payment purposes.

Highlights of Cointelegraph’s Dash report

Cointelegraph Research’s 80-plus-page report explores Dash’s unique features as a payment solution in addition to its role as an investment asset. Together with Allnodes, Staking Rewards, CryptoRefills, CoinRoutes, IntoTheBlock, Bitwise, Santiment and Rekt Capital, Cointelegraph Research presents the facts and figures regarding all aspects of Dash, including the ways to invest in it. The report describes how Dash’s masternode solution has helped improve the network’s scalability and also sheds some light on the regulatory environment for it and other cryptocurrencies in the world’s largest jurisdictions.

Exclusive interviews with Fred Pye, Leah Wald, Michael Holstein and others highlight Dash’s recent partnerships and present further insights on how it can continue to be a promising technology in the world of cryptocurrencies.

In the report, Mark Mason, Dash’s marketing and business development manager, tells Cointelegraph Research that “Dash makes everyday payments simple by removing dependency on banks or third parties. You can send any amount of Dash to anyone, anytime, anywhere directly to the recipient instantly without relying on a centralized authority.”

Additionally, Cointelegraph Research’s new study shows that any amount of Dash can improve a traditional equity and bond portfolio, considering not only cumulative return but also the Sharpe ratio. Low correlation to traditional asset classes such as equities and gold can also offer benefits for investors’ risk management.

Institutional interest in Dash?

In 2021, Valkyrie launched the first regulated financial vehicle aimed at institutional investors interested in Dash. The Valkyrie Dash Trust enables investors to gain exposure to the cryptocurrency without having to worry about custody and security. Other providers, such as 3iQ Corp — Canada’s largest digital asset investment fund manager, with more than 2.5 billion CAD ($1.9 billion) in assets under management — may also be interested in launching similar products.

Fred Paye, chairman and CEO of 3iQ Corp, commented on Dash in an exclusive interview for the report: “Dash is extremely innovative, as it combines battle-tested historical security with some important evolutions in privacy, technical efficiency and incentive mechanics of the traditional Bitcoin model.”

This article is for information purposes only and represents neither investment advice, investment analysis nor an invitation to buy or sell financial instruments. Specifically, the document does not serve as a substitute for individual investment or other advice.



Source: https://cointelegraph.com/news/over-20-investment-funds-hold-dash-and-40-more-plan-to-add-it-report

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