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Investing.com -- Institutional investors are no longer merely considering cryptocurrencies, but are increasingly focused on how to integrate digital assets into established investment structures, particularly retirement accounts, according to an executive at crypto infrastructure firm SFOX.
The more than $12 trillion U.S. individual retirement account market is beginning to pull crypto deeper into retirement portfolios, creating a new challenge for the industry: how to give investors access to Bitcoin without exposing retirement savings to the extreme volatility that has long defined the asset.
Animus, which serves IRA account holders, is using crypto infrastructure provider sFOX across more than 1,000 IRA accounts, allowing it to actively manage Bitcoin exposure at scale. The partnership highlights a broader shift in crypto adoption as traditional investors move beyond simply asking whether they should own digital assets and focus instead on how they can hold them within established investment structures.
"The institutions are here," Diana Pires, chief business officer at sFOX, said in an interview to Investing.com. "It's always been a question of how do we adopt it versus are they using it? It's just another asset class."