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Coinbase Sees More Institutional Investors Buying Bitcoin in H1


Coinbase says more institutional investors are now using its platform to build direct positions in the cryptocurrency market. Crypto fund managers are now getting more backing from institutional investors that see the crypto market as an alternative investment strategy. In a report, the exchange...

South Korean Giant to Begin Crypto Custody for Institutional Investors


One of South Korea’s biggest commercial banks, NongHyup (NH Bank) said it is working on a cryptoasset custodial services platform for institutional investors. Per ET News, the bank said that it wants to launch crypto “ecosystem” operations, and also spoke of its long-term plans which include...

Institutional Investors Set for Herd-like Move to BTC, Says Kraken CEO


More institutions will follow those already in the bitcoin (BTC) space, as their mentality is generally that of "a herd," said Jesse Powell, CEO of major crypto exchange Kraken in an interview with Bloomberg TV. He also opined that bitcoin is already a store of value, and will soon...

Hundreds of Institutional Investors Send a Good Sign to Bitcoin & Co


The results of a recent survey of 774 institutional investors in the US and Europe confirm that interest in and acceptance of cryptoassets as a new investable asset class is growing, according to Tom Jessop, president of Fidelity Digital Assets. The subsidiary of the US-based mutual fund giant...

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