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Institutional traders maintain interest in blockchain but appeal of crypto wanes

Photo: Getty Images

Artificial Intelligence (AI) and Machine Learning (ML) were identified as key industries for institutional investors, according to a recent survey by JP Morgan.

More than half the respondents to a JP Morgan survey of 835 institutional and professional traders said AI and ML would have the most influence on trading in the next three years, up from a quarter in 2022. 

The survey showed that while there is still interest in blockchain, the appeal