Crypto firms moving into Wall Street territory amid ‘growing synergy’

Share via:



Cryptocurrency firms and exchanges are increasingly moving into Wall Street territory, launching more traditional investment offerings and showcasing the growing synergy between crypto and traditional finance (TradFi).

“There’s a growing synergy between traditional financial investments and the emerging crypto space,” according to Gracy Chen, the CEO of Bitget, the world’s sixth-largest crypto exchange.

“Crypto players are now checking out traditional finance as they see the opportunity to bridge it,” Chen told Cointelegraph.

“The lines…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Crypto firms moving into Wall Street territory amid ‘growing synergy’



Cryptocurrency firms and exchanges are increasingly moving into Wall Street territory, launching more traditional investment offerings and showcasing the growing synergy between crypto and traditional finance (TradFi).

“There’s a growing synergy between traditional financial investments and the emerging crypto space,” according to Gracy Chen, the CEO of Bitget, the world’s sixth-largest crypto exchange.

“Crypto players are now checking out traditional finance as they see the opportunity to bridge it,” Chen told Cointelegraph.

“The lines…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Yulu In Talks To Raise $75- 80 Mn: Report

SUMMARY The Bengaluru-based startup is in discussions with a...

Unpacking Mantra’s OM crash requires forensic study — CertiK...

Mantra founder and CEO John Mullin has begun...

JD.com, Meituan shares drop due to competition in food...

JD.com shares dropped by 8.1% in Hong Kong,...

Popular

Upcoming Events

US urges curb of Google’s search dominance as AI...

US government attorneys urged a federal judge Monday...

JD.com, Meituan shares drop due to competition in food...

JD.com shares dropped by 8.1% in Hong Kong,...

ChatGPT search is growing quickly in Europe, OpenAI data...

ChatGPT search, OpenAI’s feature within ChatGPT that allows...
GdfFD GFD GFD GFD GFD GFD GFD