Haulfryn sells two North Wales holiday parks to leisure giant dailypost.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailypost.co.uk Daily Mail and Mail on Sunday newspapers.
Traders Magazine
0 Shares
Last year was a tipping point for mainstream institutional investors entering digital currencies markets, with Bitcoin leading the way, according to a report from Citi GPS.
Citi Global Perspectives & Solutions said in a report,
Bitcoin: At the Tipping Point, that they first wrote about digital currencies in 2014 when Bitcoin was five years old and had a market value of around $6.2bn (€5.2bn). At that time they assessed Bitcoin as a ‘wannabe asset’ and a ‘wannabe means of transaction.’
The new report said: “Not only has Bitcoin increased in usage and value (hitting $1 trillion in market capitalization in February 2021), but it has created a whole ecosystem around it including crypto exchanges, crypto banks, and new offerings into savings, lending, and borrowing. In a search for yield and alternative assets, investors are drawn to Bitcoin’s inflation hedging properties and it is recognized as a source of ‘digital gold’ due to its
External | what does this mean?
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Metaco and Cobalt bring interoperable FX and digital asset trading to institutions 02 February 2021
Source: Metaco Metaco, the leading provider of security-critical infrastructure enabling financial institutions to enter the digital asset ecosystem, announced a strategic partnership with Cobalt, an award-winning fintech firm focused on re-engineering the institutional FX market from the ground up.
This partnership provides an institutional-grade Software as a Service (SaaS) solution for digital asset settlement.
As institutional adoption of digital assets accelerates, banks and financial institutions are hindered by the lack of available institutional-grade infrastructure to fit their needs. Together, they are addressing this increasing demand by integrating METACO’s institutional ope