While a large majority of enterprises are adopting crypto solutions, these institutional players also recognize the challenges of adopting this new technology, according to a new report.

Crypto firm Paxos surveyed 400 executives from United States-based financial services companies with at least five million users and $50 billion in assets under management or $50 billion annual payments volume. 

The crypto firm published the results in its “2023 Enterprise Digital Asset Adoption Report,” showing that financial services firms are still deeply interested in digital assets and blockchain technology. 

According to the survey, 99% of the respondents indicated that their company is putting…

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