Catalyst That Will Influence Institutional Funds Investors To Crypto
Crypto regulation is some topic that’s looking cloudy, as this has being a discussion held by security exchange commission (SEC) and the United States senate members. The crypto ecosystem has of recent getting acceptance from public figures and firms. The CEO of coin base says that institutions have already allocated some of their budget to this course.
In he’s words he says that;
“There are some sovereign wealth funds out there that have now done it and we’ve closed these deals with like BlackRock, the largest asset manager in the world, to kind of get more and more of this money flowing in.”
He buttress on the fact that there will be certainty and clarity as regards policy in the sector;
“What are the major inflection points that can cause that to happen? The biggest one I think in my mind is regulatory clarity. When I talk to institutional investors, they always bring that up and the good news is we’re starting to finally see regulatory clarity. And we can talk about what that is if you want and I think even more regulatory clarity in the next year or two will actually drive a bunch more of that money.”
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