That means crypto investors have little choice but to go with smaller, little-known firms for now. Cryptocurrency investors have been forced to hire small and relatively unknown auditors , custodians and record - keepers because of a lack of back - office support from Wall Street . The situation has raised fears about the reliability of the asset class and is attracting new investors . Some larger companies , including State Street , are thought to be making a entry into the market but until then crypto investors must rely on smaller firms . Nick Mitsiou of LGT Capital Management said safeguards were “ non - existent or shaky ” and Chris Solarz of Cliffwater said the infrastructure was “ pretty green ” .
Cryptocurrency investors have been forced to hire small and relatively unknown auditors , custodians and record - keepers because of a lack of back - office support from Wall Street . The situation has raised fears about the reliability of the asset class and is attracting new investors . Some larger companies , including State Street , are thought to be making a entry into the market but until then crypto investors must rely on smaller firms . Nick Mitsiou of LGT Capital Management said safeguards were “ non - existent or shaky ” and Chris Solarz of Cliffwater said the infrastructure was “ pretty green ” .