Highlighting what went right, and what went wrong, in this week’s crypto news analysis.In case you missed London’s biggest fintech conference, Fintech Connect, Copper’s CEO was on stage to discuss the evolution of institutional custody.
Having participated in a number of these conversations over the last year, Dmitry was keen to direct the conversation towards the real challenge institutional investors are facing: prime brokerage.
2020 will be an interesting year in this space, as firms who offer solely custodial services will either go out of business or be snapped up cheaply by those who do provide a full PB offering.
Below is our weekly roundup of industry and coin specific news. If you’d like to get in touch with us about any of our products or services, we look forward to hearing from you. Just send us a note.
Latest Industry News
Deutsche Bank says crypto could replace cash
- Crypto may have been “additions” rather than “substitutes” in the finance world thus far, but the next decade could change that as regulatory hurdles get past
- The current fiat system looks “fragile,” particularly because of “decades of low labor costs” and inflation. Over the next decade, things could change
Millennials love BTC more than Netflix
- According to Charles Schwab, millennials are investing more in Bitcoin than they are in Disney, Netflix, and Microsoft, but less than Facebook, Tesla, Apple, and Amazon
- The survey also found that “over one-third (36 percent) of U.S. investors would consider an investment in bitcoin, which roughly translates to 21 million people
38% of clients will put more money into digital assets in 2020
- According to a survey, 94 percent of State Street clients hold digital assets or related products, and 38 percent of them will increase their allocation of digital assets in 2020
- The survey also showed that 62 percent of clients said tokenisation will improve risk management and 55 percent said it will enhance security
Latest Coin News
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