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July 01, 2018, 05:51:50 PM |
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In light of the growing interest of endowments, pension, hedge and mutual funds in cryptocurrencies this year, cryptocurrency wallet firm Blockchain has announced a new service which targets institutional investors.
The institutional platform called Blockchain Principal Strategies will offer institutions and family offices customized access to markets as well as research.
An over-the-counter trading desk will be provided to the investors and this will operate as a ‘matchmaker and direct counterparty to clients, executing trades and managing associated risk’. Clients of the firm will also be offered managed investment offerings and this will include access to vetted early stage token offerings.
I think this should help the crypto market in positive way. In the sense that more money will be pumped into the system and then causing general increase in the market.
What are your views on this latest update?
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