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Finance
65% of Institutional Investors Regard Crypto as Essential for Portfolio Diversification, Says Nomura Study
According to a new survey by Nomura and its crypto subsidiary Laser Digital, institutional investors are increasingly embracing digital assets, driven by improving sentiment and the emergence of new use cases. The study, which gathered responses from over 500 investment professionals in Japan, found that 31% of respondents now have a positive outlook on crypto for the next year, up from 25% in 20…
April 19, 2026, 1 p.m.
Finance
65% of Institutional Investors Consider Crypto a Crucial Portfolio Diversification Tool, According to Nomura Study
A growing number of institutional investors are embracing digital assets, driven by improving sentiment and the emergence of new use cases, as revealed in a recent survey by Nomura and its crypto subsidiary, Laser Digital. The study, which gathered responses from over 500 investment professionals in Japan, found that 31% of respondents now have a positive outlook on crypto for the next year, up f…
April 19, 2026, 1 p.m.
Finance
Majority of Institutional Investors View Crypto as Key to Portfolio Diversification
A new study conducted by Nomura and its crypto-focused arm, Laser Digital, indicates a growing acceptance of digital assets among institutional investors. The survey, which gathered responses from over 500 investment professionals in Japan, found that 31% of respondents now have a positive outlook on crypto for the next year, representing a 6% increase from 2024. Meanwhile, the number of responde…
April 19, 2026, 1 p.m.
Finance
A $200 Million Crypto Conundrum: Co-Founder's Grip on Project's Assets Sparks Debate
For years, the NEO treasury has been held in an unconventional setup, with hundreds of millions of dollars in crypto assets controlled through personal wallets, lacking multisig protections and formal oversight. According to co-founder Da Hongfei, the individual in control of these assets is Erik Zhang, the other co-founder and architect of NEO's core protocol. Da estimates that Zhang holds aroun…
April 19, 2026, 11 a.m.
Finance
Co-Founder Holds Keys to $200 Million in Crypto, Sparking Governance Debate
The treasury of the NEO project has been managed in an unconventional manner, with hundreds of millions of dollars in crypto assets controlled through personal wallets, lacking multisig protections and formal oversight. According to co-founder Da Hongfei, Erik Zhang, the project's other co-founder, has sole control over approximately 85% of the assets, valued between $200 million and $250 million…
April 19, 2026, 11 a.m.
Finance
A Crypto Project's $200 Million Conundrum: One Person Holds the Keys
The treasury of a prominent crypto project, NEO, has been managed in an unconventional manner, with hundreds of millions of dollars in crypto assets controlled by personal wallets and lacking multisignature protections. According to co-founder Da Hongfei, the individual responsible for this setup is Erik Zhang, the project's other co-founder and core protocol architect. Da estimates that Zhang al…
April 19, 2026, 11 a.m.
Finance
Co-Founder Holds Keys to $200 Million in Crypto, Sparking Governance Debate
The NEO treasury, valued at hundreds of millions of dollars, has been managed through personal wallets with little oversight, sparking concerns over governance and control. Co-founder Da Hongfei estimates that approximately 85% of the treasury is controlled by Erik Zhang, the other co-founder, with a single signature, and no multi-sig protections. The native NEO and GAS tokens held by Zhang are c…
April 19, 2026, 11 a.m.
Finance
A Single Individual Holds the Keys to $200 Million in Crypto Assets, Sparking a Governance Dispute
The treasury of a prominent cryptocurrency project has been managed in an unconventional manner, with hundreds of millions of dollars in assets controlled through personal wallets and lacking multi-signature protections. According to co-founder Da Hongfei, his fellow co-founder Erik Zhang holds around 85% of the project's assets, valued at between $200 million and $250 million, with single-signat…
April 19, 2026, 11 a.m.
Finance
A Single Individual Controls $200 Million in Crypto, Sparking Calls for Change
For a long time, the treasury of NEO has been managed through an unusual setup, with hundreds of millions of dollars in crypto assets controlled by personal wallets, lacking multisig protections and formal oversight. According to co-founder Da Hongfei, this person is Erik Zhang, the other co-founder and architect of the core protocol. Da stated that around 85% of the assets are controlled by Zhan…
April 19, 2026, 11 a.m.
Finance
Co-founder Holds Keys to $200 Million in Crypto, Sparking Governance Debate
The custody of NEO's substantial treasury, valued at hundreds of millions of dollars in cryptocurrency, has been a point of contention due to its unconventional setup. According to Da Hongfei, co-founder of NEO, Erik Zhang, the other co-founder and architect of the protocol, controls approximately 85% of the funds with a single signature, lacking multisig protections and formal oversight. The ass…
April 19, 2026, 11 a.m.