Ethereum Co-Founder Says Wall Street Will Pour $20 Trillion Into Crypto

[theDarkGoatisBAAAAD]

Several big players are preparing for institutional dollars. Goldman Sachs-backed Circle announced a stablecoin to minimize volatility in the cryptocurrency markets and help pave the way for Wall Street investors.

Coinbase has been developing four new products to unlock “$10 billion of institutional investor money sitting on the sideline.”

Nasdaq has been partnering with cryptocurrency exchanges, including Gemini, that are using its surveillance technology to create more robust trading platforms and meet the technical demands of institutional traders, in addition to announcing its own considerations about building out a crypto trading exchange.

Gemini has partnered with Caspian to connect institutional traders with multiple exchanges from a single interface.

Industry leader Susquehanna International Group, one of the world’s largest investment firms, will open trading of Bitcoin, Bitcoin Cash and Ethereum for an initial group of qualified investors.

And Binance, the world’s largest cryptocurrency exchange by volume, has been in talks with the Maltese stock exchange, among other governments, to grow the cryptocurrency ecosystem by introducing more fiat-to-crypto trading pairs.


https://dailyhodl.com/2018/06/21/ethere ... to-crypto/