The head of Digital Currency Group Barry Silbert has reported that the cryptocurrency volume under the management of Grayscale Investments exceeded $2 billion, which could be a sign of growing interest from the part of institutional investors towards the cryptomarket.
Coinbase CEO, Brian Armstrong, has revealed that institutional investment accounts for 60% of trading on its professional trading platform, Coinbase Pro.
The sum of the means in possession of Coinbase Custody has reached $1 billion, according to Coinbase CEO Brian Armstrong.
The amount of funds controlled by Grayscale Bitcoin Trust (GBTC) has grown to a 10-month maximum up to $1.42 billion. The inflow was 11,236 BTC in April, which is more than in four previous months combined.
The new platform Huobi OTC Desk will let high volume traders make major deals, the official source of Huobi Group states.
The experts of Greenwich Associates have conducted the survey among large venture capitalists by request of financial conglomerate Fidelity Investments and found out that 22% of the companies already have digital assets in their portfolios, and 47% are interested in their acquisition.