Professional investors are increasingly interested in cryptocurrency space, which is driven by the rise of ICOs. Reported by VC Mangrove Capital, the average return on 204 ICO was 1.320%. The figures are given in the context of growing interest from hedge funds and investment banks in cryptocurrency space, with more than 55 specialized crypto hedge funds. Institutional investors need a broker on the OTC to buy and sell their desired digital currency, Goldman can fulfill this role. Recent reports show that Goldman Sachs is seeking to set up a Bitcoin trading platform.
Is this news good for the crypto market?
Topic: Why are so many institutional investors flocking to the crypto market? (Read 89 times)
April 17, 2018, 03:02:04 AM
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