Institutional Support

Definition ∞ Institutional Support refers to the backing and participation of large financial organizations, such as banks, hedge funds, and asset managers, within the cryptocurrency market. This support can manifest through investment in digital assets, provision of crypto-related services, or the development of blockchain infrastructure. It signifies increasing mainstream acceptance.
Context ∞ The expansion of institutional support is widely viewed as a critical factor for the continued growth and legitimization of the digital asset space. Regulatory clarity and the development of secure, compliant financial products are key discussions influencing the pace of institutional entry.