6 Institutional Adoption Of The Crypto Ecosystem

Cryptocurrency and Blockchain have been making headlines for the last year and a half. Some of the world’s most famous banks, including Goldman Sachs, Barclays, JP Morgan Chase, and others, are creating their cryptocurrency trading desks. There is a continued interest in the space from institutional investors that want to enter markets with limited liquidity or high barriers to entry. Here is the list of Six institutional Adoption of the Crypto Ecosystem: TFC Exchange founded by Michael A. Stollaire and Michael Rock is a project that aims to create a completely transparent cryptocurrency exchange focused on the needs of institutions and high-net-worth individuals. LedgerX, one of the first federally regulated exchanges for cryptocurrency, recently raised $11.4 million in an equity sale that included large private investors such as Google Ventures and Lightspeed Venture Partners. Gemini Trust Company, founded by Tyler and Cameron Winklevoss, has been granted a BitLicense to operate as a regulated Bitcoin exchange in New York State. The exchange recently added Ethereum Classic (ETC) and surpassed 100 million dollars in total trading volume. Coinbase Pro is the cryptocurrency exchange started by Brian Armstrong, CEO of Coinbase, allowing institutions to provide dollar funding for trading in a safer environment. The company has over $20 billion on deposit and has very low latency. Bermuda-based DCEX is a crypto trading exchange th...