Client Demand and 'Negative Events' Pushing Tradfi Institutions Towards Crypto — Bitrue Chief Strategy Officer – Finance Bitcoin News
September 24, 2023
Growing client demand for cryptocurrencies and the belief that they represent a new asset class help to explain traditional financial institutions’ newfound interest in digital assets, the chief strategy officer at Bitrue has said. The collapse of FTX and Terra Luna in 2022 and the resulting bear market may have helped to remove barriers to entry. The entrance and presence of “tradfi”…