It’s not just the investment side of cryptocurrency that interests universities, however. Here at NewsBTC, we’ve reported on several different higher educational institutions offering their own courses on the technology that underpins Bitcoin and other digital assets – the blockchain.

In addition, the Ripple Foundation have just donated $50 million to universities. This will help them further develop their own blockchain development courses. The University Blockchain Research Initiative will initially benefit 17 prestigious schools around the globe.

Lore went on to state that these individuals were still only prepared to risk a tiny fraction of their net worth on cryptocurrency hedge funds:

“Yes there are investors but at this point, investors are putting in very small percentages of their net worth as we would expect and as I believe is appropriate.”

He highlighted that the trend amongst the universities he’d worked with was something of an exception:

“We see academia as a tie between these somewhat young and enthusiastic fund managers and capital raising.”