Crypto needs insured staking – right now.
The institutions are coming for your bitcoin! Are you going to HODL or let them take if from you? Institutional grade products are all getting ready to launch including Bakkt and ErisX, but there is already one product providing physically settled futures that is already out in the market for early access. That product is LedgerX, and they have the centurion contract which is a call option that Bitcoin will hit 100k by December 31st, 2020. Many of their institutional clients are interested in this type of contract …I wonder why??
Grayscale Investments, a New York-based digital currency asset management firm, released its investment report for Q2 2019. The company’s assets under management (AUM), primarily held in its Bitcoin and Ethereum trusts, have almost tripled in the past few months. The growth was largely fueled by institutional demand.
Many cynics say that institutions and other big names in the corporate world aren’t in Bitcoin (BTC) or crypto assets yet. But, this is quickly being proven not to be the case. In a recent tweet, a Bitcoin developer and industry insider revealed that one of the biggest names on Wall Street has and continues to mine BTC.