BITCOIN NEX Markets CEO speaks about the challenges faced by institutional investors in the cryptocurrency space
Seth Johnson, CEO of NEX Markets spoke about the challenges faced in the cryptocurrency space in comparison to that of the traditional markets, during the Institutional Crypto Conference, held earlier this week. He said that there is a “huge appetite” in the institutional space for trading cryptocurrency assets.But institutional investors for crypto will remain sidelined until the market is more mature. Fidelity’s expansion into the crypto space is a good first step toward alleviating some of these concerns, but there must be more custodial infrastructure to seal the deal.