{"id":73626,"date":"2026-04-20T09:06:45","date_gmt":"2026-04-20T02:06:45","guid":{"rendered":"https:\/\/hbbgroup.net\/nomura-study-says-65-of-institutional-investors-see-crypto-as-a-vital-portfolio-diversifier\/"},"modified":"2026-04-20T09:58:55","modified_gmt":"2026-04-20T02:58:55","slug":"nomura-study-says-65-of-institutional-investors-see-crypto-as-a-vital-portfolio-diversifier","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/nomura-study-says-65-of-institutional-investors-see-crypto-as-a-vital-portfolio-diversifier\/","title":{"rendered":"Nghi\u00ean c\u1ee9u c\u1ee7a Nomura cho th\u1ea5y 65% nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1ed5 ch\u1ee9c xem crypto l\u00e0 m\u1ed9t c\u00f4ng c\u1ee5 \u0111a d\u1ea1ng h\u00f3a danh m\u1ee5c \u0111\u1ea7u t\u01b0 quan tr\u1ecdng."},"content":{"rendered":"<div data-module-name=\"article-header\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<h4>Nghi\u00ean c\u1ee9u c\u1ee7a Nomura cho th\u1ea5y 65% nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1ed5 ch\u1ee9c xem crypto l\u00e0 m\u1ed9t c\u00f4ng c\u1ee5 \u0111a d\u1ea1ng h\u00f3a danh m\u1ee5c \u0111\u1ea7u t\u01b0 quan tr\u1ecdng.<\/h4>\n<h4>M\u1ed9t kh\u1ea3o s\u00e1t m\u1edbi t\u1eeb Nomura v\u00e0 Laser Digital cho th\u1ea5y t\u00e2m l\u00fd c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1ed5 ch\u1ee9c \u0111ang \u0111\u01b0\u1ee3c c\u1ea3i thi\u1ec7n, khi s\u1ef1 r\u00f5 r\u00e0ng v\u1ec1 ph\u00e1p l\u00fd v\u00e0 c\u00e1c s\u1ea3n ph\u1ea9m m\u1edbi th\u00fac \u0111\u1ea9y m\u1ee9c \u0111\u1ed9 tham gia s\u00e2u h\u01a1n v\u00e0o t\u00e0i s\u1ea3n k\u1ef9 thu\u1eadt s\u1ed1.<\/h4>\n<p>19\/04\/2026, 13:00.<\/p>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=coindesk.com\" target=\"_blank\" rel=\"noopener\">Make preferred on <\/a><\/p>\n<\/div>\n<div data-module-name=\"article-body\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<p>C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1ed5 ch\u1ee9c \u0111ang d\u1ea7n c\u1edfi m\u1edf h\u01a1n v\u1edbi t\u00e0i s\u1ea3n s\u1ed1, v\u1edbi t\u00e2m l\u00fd c\u1ea3i thi\u1ec7n v\u00e0 c\u00e1c use case ng\u00e0y c\u00e0ng m\u1edf r\u1ed9ng tr\u1edf th\u00e0nh \u0111\u1ed9ng l\u1ef1c ch\u00ednh th\u00fac \u0111\u1ea9y adoption, theo kh\u1ea3o s\u00e1t m\u1edbi t\u1eeb ng\u00e2n h\u00e0ng Nh\u1eadt B\u1ea3n Nomura v\u00e0 \u0111\u01a1n v\u1ecb crypto c\u1ee7a h\u1ecd Laser Digital.<\/p>\n<p>Nghi\u00ean c\u1ee9u, d\u1ef1a tr\u00ean ph\u1ea3n h\u1ed3i c\u1ee7a h\u01a1n 500 chuy\u00ean gia \u0111\u1ea7u t\u01b0 t\u1ea1i Nh\u1eadt B\u1ea3n, cho th\u1ea5y 31% ng\u01b0\u1eddi tham gia hi\u1ec7n c\u00f3 outlook t\u00edch c\u1ef1c v\u1edbi crypto trong 12 th\u00e1ng t\u1edbi, t\u0103ng t\u1eeb 25% v\u00e0o n\u0103m 2024. Trong khi \u0111\u00f3, t\u1ef7 l\u1ec7 quan \u0111i\u1ec3m ti\u00eau c\u1ef1c \u0111\u00e3 gi\u1ea3m, ph\u1ea3n \u00e1nh s\u1ef1 thay \u0111\u1ed5i d\u1ea7n trong nh\u1eadn th\u1ee9c khi th\u1ecb tr\u01b0\u1eddng tr\u01b0\u1edfng th\u00e0nh h\u01a1n.<\/p>\n<p>M\u1ed9t ch\u1ee7 \u0111\u1ec1 trung t\u00e2m l\u00e0 \u0111a d\u1ea1ng h\u00f3a danh m\u1ee5c. Kho\u1ea3ng 65% ng\u01b0\u1eddi tham gia cho bi\u1ebft h\u1ecd xem crypto l\u00e0 m\u1ed9t c\u00f4ng c\u1ee5 diversifier, v\u00e0 79% trong s\u1ed1 nh\u1eefng ng\u01b0\u1eddi \u0111ang c\u00e2n nh\u1eafc ti\u1ebfp c\u1eadn d\u1ef1 \u0111\u1ecbnh \u0111\u1ea7u t\u01b0 trong v\u00f2ng ba n\u0103m t\u1edbi. Tuy nhi\u00ean, ph\u1ea7n l\u1edbn v\u1eabn k\u1ef3 v\u1ecdng ph\u00e2n b\u1ed5 \u1edf m\u1ee9c khi\u00eam t\u1ed1n \u2014 th\u01b0\u1eddng t\u1eeb 2% \u0111\u1ebfn 5% \u2014 cho th\u1ea5y c\u00e1c t\u1ed5 ch\u1ee9c v\u1eabn \u0111ang \u1edf giai \u0111o\u1ea1n \u0111\u1ea7u c\u1ee7a qu\u00e1 tr\u00ecnh adoption.<\/p>\n<p>S\u1ef1 chuy\u1ec3n d\u1ecbch n\u00e0y \u0111\u01b0\u1ee3c h\u1ed7 tr\u1ee3 b\u1edfi b\u1ed1i c\u1ea3nh ph\u00e1p l\u00fd v\u00e0 ch\u00ednh s\u00e1ch \u0111ang thay \u0111\u1ed5i. T\u1ea1i Nh\u1eadt B\u1ea3n, c\u00e1c nh\u00e0 ho\u1ea1ch \u0111\u1ecbnh ch\u00ednh s\u00e1ch \u0111\u00e3 d\u00e0nh n\u0103m qua \u0111\u1ec3 ho\u00e0n thi\u1ec7n khung ph\u00e1p l\u00fd cho crypto, bao g\u1ed3m ph\u00e2n lo\u1ea1i t\u00e0i s\u1ea3n, thu\u1ebf v\u00e0 b\u1ea3o v\u1ec7 nh\u00e0 \u0111\u1ea7u t\u01b0. Tr\u00ean ph\u1ea1m vi to\u00e0n c\u1ea7u, c\u00e1c quy \u0111\u1ecbnh r\u00f5 r\u00e0ng h\u01a1n t\u1ea1i c\u00e1c th\u1ecb tr\u01b0\u1eddng l\u1edbn \u2014 c\u00f9ng v\u1edbi vi\u1ec7c ph\u00ea duy\u1ec7t v\u00e0 m\u1edf r\u1ed9ng c\u00e1c s\u1ea3n ph\u1ea9m \u0111\u1ea7u t\u01b0 nh\u01b0 ETF crypto v\u00e0 t\u00e0i s\u1ea3n token h\u00f3a \u2014 \u0111\u00e3 gi\u00fap gi\u1ea3m b\u1edbt s\u1ef1 b\u1ea5t \u0111\u1ecbnh t\u1eebng khi\u1ebfn c\u00e1c t\u1ed5 ch\u1ee9c \u0111\u1ee9ng ngo\u00e0i cu\u1ed9c.<\/p>\n<p>Do \u0111\u00f3, m\u1ed1i quan t\u00e2m kh\u00f4ng c\u00f2n d\u1eebng \u1edf vi\u1ec7c ti\u1ebfp c\u1eadn gi\u00e1. H\u01a1n 60% ng\u01b0\u1eddi tham gia b\u00e0y t\u1ecf s\u1ef1 quan t\u00e2m \u0111\u1ebfn staking, lending, derivatives v\u00e0 t\u00e0i s\u1ea3n token h\u00f3a, ph\u1ea3n \u00e1nh nhu c\u1ea7u ng\u00e0y c\u00e0ng t\u0103ng \u0111\u1ed1i v\u1edbi c\u00e1c chi\u1ebfn l\u01b0\u1ee3c t\u1ea1o yield v\u00e0 x\u00e2y d\u1ef1ng danh m\u1ee5c ph\u1ee9c t\u1ea1p h\u01a1n.<\/p>\n<p>Stablecoin c\u0169ng \u0111ang thu h\u00fat s\u1ef1 ch\u00fa \u00fd, v\u1edbi 63% ng\u01b0\u1eddi tham gia nh\u1eadn th\u1ea5y c\u00e1c use case ti\u1ec1m n\u0103ng t\u1eeb qu\u1ea3n l\u00fd ng\u00e2n qu\u1ef9 (treasury management) \u0111\u1ebfn thanh to\u00e1n xuy\u00ean bi\u00ean gi\u1edbi v\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0o ch\u1ee9ng kho\u00e1n token h\u00f3a.<\/p>\n<p>Tuy v\u1eady, v\u1eabn c\u00f2n nhi\u1ec1u r\u00e0o c\u1ea3n. Lo ng\u1ea1i v\u1ec1 bi\u1ebfn \u0111\u1ed9ng, r\u1ee7i ro \u0111\u1ed1i t\u00e1c (counterparty risk) v\u00e0 thi\u1ebfu c\u00e1c m\u00f4 h\u00ecnh \u0111\u1ecbnh gi\u00e1 chu\u1ea9n h\u00f3a v\u1eabn \u0111ang k\u00ecm h\u00e3m t\u1ed1c \u0111\u1ed9 adoption. S\u1ef1 kh\u00f4ng ch\u1eafc ch\u1eafn v\u1ec1 ph\u00e1p l\u00fd, d\u00f9 \u0111\u00e3 c\u1ea3i thi\u1ec7n, v\u1eabn ch\u01b0a ho\u00e0n to\u00e0n bi\u1ebfn m\u1ea5t.<\/p>\n<p>D\u00f9 v\u1eady, kh\u1ea3o s\u00e1t cho th\u1ea5y tr\u1ecdng t\u00e2m c\u1ee7a th\u1ecb tr\u01b0\u1eddng \u0111ang thay \u0111\u1ed5i. Thay v\u00ec tranh lu\u1eadn c\u00f3 n\u00ean \u0111\u1ea7u t\u01b0 v\u00e0o crypto hay kh\u00f4ng, c\u00e1c t\u1ed5 ch\u1ee9c ng\u00e0y c\u00e0ng t\u1eadp trung v\u00e0o c\u00e1ch \u0111\u1ea7u t\u01b0 \u2014 m\u1ed9t d\u1ea5u hi\u1ec7u cho th\u1ea5y t\u00e0i s\u1ea3n s\u1ed1 \u0111ang ti\u1ebfn g\u1ea7n h\u01a1n t\u1edbi vi\u1ec7c tr\u1edf th\u00e0nh m\u1ed9t ph\u1ea7n ti\u00eau chu\u1ea9n trong danh m\u1ee5c \u0111\u1ea7u t\u01b0 t\u1ed5 ch\u1ee9c.<\/p>\n<\/div>\n<div data-module-name=\"read-next\" data-module-version=\"1.0.0\" data-module-instance=\"default\">\n<figure><img fetchpriority=\"high\" decoding=\"async\" src=\"http:\/\/www.coindesk.com\/_next\/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fproduction%2Feeb54516a3b0a19f03d51ee5552619fa13b3be71-1920x1440.jpg%3Fauto%3Dformat&amp;w=3840&amp;q=75\" alt=\"Glasses in front of monitors with code (Kevin Ku\/Unsplash)\" width=\"1920\" height=\"1080\" data-nimg=\"1\" \/><\/figure>\n<p>N\u0103m 2026 \u0111ang d\u1ea7n tr\u1edf th\u00e0nh \u201cn\u0103m t\u1ec7 nh\u1ea5t c\u1ee7a DeFi v\u1ec1 c\u00e1c v\u1ee5 hack\u201d, theo CTO c\u1ee7a Ledger, khi v\u1ee5 exploit c\u1ee7a Kelp cho th\u1ea5y ch\u1ec9 m\u1ed9t \u0111i\u1ec3m y\u1ebfu duy nh\u1ea5t c\u0169ng c\u00f3 th\u1ec3 g\u00e2y hi\u1ec7u \u1ee9ng d\u00e2y chuy\u1ec1n tr\u00ean to\u00e0n h\u1ec7 th\u1ed1ng.<\/p>\n<p><strong>Nh\u1eefng \u0111i\u1ec3m c\u1ea7n bi\u1ebft:<\/strong><\/p>\n<ul>\n<li>M\u1ed9t v\u1ee5 exploit l\u1edbn tr\u1ecb gi\u00e1 292 tri\u1ec7u USD nh\u1eafm v\u00e0o KelpDAO \u0111ang lan r\u1ed9ng \u1ea3nh h\u01b0\u1edfng trong to\u00e0n b\u1ed9 h\u1ec7 sinh th\u00e1i DeFi.<\/li>\n<li>S\u1ef1 c\u1ed1 n\u00e0y l\u00e0 l\u1eddi c\u1ea3nh b\u00e1o r\u1eb1ng khi c\u00e1c giao th\u1ee9c DeFi ng\u00e0y c\u00e0ng li\u00ean k\u1ebft ch\u1eb7t ch\u1ebd v\u1edbi nhau, ch\u1ec9 m\u1ed9t m\u1eaft x\u00edch y\u1ebfu c\u0169ng c\u00f3 th\u1ec3 t\u1ea1o ra hi\u1ec7u \u1ee9ng domino tr\u00ean to\u00e0n b\u1ed9 \u201cstack\u201d.<\/li>\n<li>Ni\u1ec1m tin v\u00e0o DeFi \u0111ang b\u1ecb \u201cb\u00e0o m\u00f2n\u201d, khi n\u0103m 2026 \u201cnhi\u1ec1u kh\u1ea3 n\u0103ng s\u1ebd l\u00e0 n\u0103m t\u1ed3i t\u1ec7 nh\u1ea5t v\u1ec1 c\u00e1c v\u1ee5 hack,\u201d theo nh\u1eadn \u0111\u1ecbnh t\u1eeb CTO c\u1ee7a Ledger.<\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.coindesk.com\/business\/2026\/04\/19\/the-usd292-million-kelp-exploit-how-it-happened-and-what-it-means-for-defi\">Read full story<\/a><\/p>\n<p><em>(\u0110\u1ecdc chi ti\u1ebft t\u1ea1i \u0111\u00e2y)<\/em><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Nghi\u00ean c\u1ee9u c\u1ee7a Nomura cho th\u1ea5y 65% nh\u00e0 \u0111\u1ea7u t\u01b0 t\u1ed5 ch\u1ee9c xem crypto l\u00e0 m\u1ed9t c\u00f4ng c\u1ee5 \u0111a d\u1ea1ng [&hellip;]<\/p>","protected":false},"author":5,"featured_media":73627,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-73626","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/73626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=73626"}],"version-history":[{"count":1,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/73626\/revisions"}],"predecessor-version":[{"id":73879,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/73626\/revisions\/73879"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/73627"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=73626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=73626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=73626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}