Coinbase Custody opens doors for smart money

[dogtana]

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/

[dogtana]

Are you all newbies or just nobody understands how big this is for crypto?

[iconoclast]

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.

[dogtana]

Yes, and now it is available.

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

[dogtana]

Comeee ooon people, jump up and down, smart money will bring a new bull run that you can't even imagine!!

[waorana]

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