LONDON — A fifth of finance firms are considering getting into cryptocurrency trading within the next year, according to an industry poll by Thomson Reuters.

A survey of over 400 Thomson Reuters clients found that one in five is considering getting into crypto, with the majority weighing a push into the market within the next six months.

Interest in cryptocurrencies surged in the second half of 2017 as the price of bitcoin surged. The mainstream interest culminated in CME and CBOE launching bitcoin futures in December. But these products have been thinly traded and institutional interest in cryptocurrencies remains a niche concern.

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Oscar Williams-Grut

owilliamsgrut@businessinsider.com

@OscarWGrut  ~ Twitter

Oscar is a senior reporter in London. He writes about fintech and retail, as well as occasionally straying into more general business, markets, and politics.

Prior to joining BI he worked for the London Evening Standard and Independent newspapers as their stock market reporter and before that covered London's technology scene for the papers.

Disclosure: Oscar has small holdings of bitcoins and ethereum.

posted by Mike Sheehan