Co-founder Cardano: Wall Street will bring "tens of billions of dollars" into the crypto

in #cryptocurrency6 years ago

Charles Hoskinson, co-founder of Cardano, posted on Twitter about Wall Street's entry into the crypto sector. He thinks they will get "tens of billions of dollars" into the market.

charles_hoskinson_tweet.jpg

Cardano, ranked No. 8 on CoinMarketCap, has a capitalization of approximately $ 3.5 billion. Charles Hoskinson was also one of the founding members of Ethereum and previously worked at the start-up crypt Invictus Innovations and the IOHK crypto company.

When asked what kind of community crypto will build, Hoskinson responded "a whole new world," quotes CoinTelegraph.

charles_hoskinson_tweet_reply.jpg

Cryptovalent intersection with Wall Street has been enthusiastically received by those who also provide a capital infusion. In mid-May, Coinbase launched a suite of products designed to attract institutional investors by mitigating security concerns and compliance with existing legislation. In a talk about this launch, Vice President Coinbase also mentioned that "10 billion" of Wall Street money could now enter the crypto market.

The idea of ​​"trillions" was also mentioned earlier, as did Morehead, the CEO of the investment fund crypto Pantera Capital, which is listed at 1 billion USD in April. He said a cryptographic market valued at $ 40 trillion is tangible, partly due to Wall Street's growing interest in crypto transactions.

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