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2018-10-16 19:00:23

Ex-Goldman Sachs Partner Sees Institutional Flows Into ‘Purely’ Cryptoassets By Early 2019

Mike Novogratz thinks Bitcoin’s long-awaited institutional investor pile-in will happen by Q2 2019 as his Galaxy Digital tests Fidelity Investments’ new custody solution. Custody Opens Road To Influx In ‘Q1/Q2’ 2019 Speaking to Bloomberg October 15, the infamously bullish Novogratz said that while Bitcoin market maturity was taking “a little longer than you hoped it would,” the advent of custody improvements like Fidelity’s would ultimately facilitate institutional onboarding. “It’s not going to happen overnight,” the formerRead MoreThe post Ex-Goldman Sachs Partner Sees Institutional Flows Into ‘Purely’ Cryptoassets By Early 2019 appeared first on Bitcoinist.com.