Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: dogtana on July 03, 2018, 09:07:23 AM



Title: Coinbase Custody opens doors for smart money
Post by: dogtana on July 03, 2018, 09:07:23 AM
This is great news. Soon more and more smart money will be able to join crypto market. To the moon!

https://www.ccn.com/coinbase-custody-officially-launches-for-institutional-investors/


Title: Re: Coinbase Custody opens doors for smart money
Post by: dogtana on July 03, 2018, 09:30:55 AM
Are you all newbies or just nobody understands how big this is for crypto? ;D


Title: Re: Coinbase Custody opens doors for smart money
Post by: iconoclast on July 03, 2018, 10:00:14 AM
I understand, but I have a background in the securities industry. The one big thing that has prevented institutional investors from even investing in a small way in cryptocurrencies has been the lack of a custody structure that would meet regulatory standards they are required to follow. All institutional investors have a fiduciary responsibility to make sure their clients funds are safe. Up until now nothing was available.


Title: Re: Coinbase Custody opens doors for smart money
Post by: dogtana on July 03, 2018, 10:38:08 AM
Yes, and now it is available.

And guess who has more money to invest, institutional investors or regular Joe? Cha-ching!!  ;D


Title: Re: Coinbase Custody opens doors for smart money
Post by: dogtana on July 03, 2018, 12:24:56 PM
Comeee ooon people, jump up and down, smart money will bring a new bull run that you can't even imagine!!


Title: Re: Coinbase Custody opens doors for smart money
Post by: waorana on July 04, 2018, 04:15:26 PM
This is excellent news. Coinbase is a very reliable platform, and with the entry of new institutional investors in the cryptocurrency sector, market capitalization could grow a lot in the coming months. I hope there are other quality platforms that soon offer this service to institutional investors to grow the market