The Institutionalization for Crypto Industry

Here are some of the key bits happening in the crypto world all compiled for you. The top leading institution facilitated a wide variety of expansion for the maturing crypto market industrialization:

Explain Bitcoin Like I’m Five

The era of digital spending has evolved in larger monetary system and banking processes. Revolut, one of the largest financial services that offer digital expansion to take away the old banking system and create mass adoption for new banking industrialization. The company has raised $500 million at a $5.5 billion valuation. It offers not only spending, receiving and sending money through the app, but also allows you to ensure your phone, get travel medical insurance packages, buy cryptocurrencies, buy shares, donate to charities, save money, and many more. Read more

Revolut CEO Nikolay Storonsky
Revolut CEO Nikolay Storonsky

Blockchain Pioneer Caitlin Long to Build Crypto Bank in Wyoming

Many have ventured the security and reliability of the cryptocurrency blockchain encryption. The goal is to positioned regulatory devices among the companies and institutions that built the monetary system to replace centralized institutions, intermediaries under the umbrella of archetype banking regulations for the longest time. Caillin Long formed the very first US dedicated bank for digital assets “Avanti” in partnership with Blockstream. Provided with software and hardware to custody digital assets for the bitcoin protocol. Read more

Caillin Long with Cryptocurrency
Caillin Long with Cryptocurrency

Mainstream Expansion: BitGo Buys Harbor Security Token Platform

BitGo acquired Harbor to expand in-house capabilities moving to the mainstream financial services. Harbor was the first blockchain startup approved by US Security and Exchanged Commission (SEC) and is a registered broker-dealer by the Financial Industry Regulatory Authority (FINRA).  CEO Mike Belshe said on the news: “Our vision has always been bigger than wallets and custody and acquiring Harbor furthers BitGo’s vision of building a new digital infrastructure for financial services. We believe participants will ultimately need to be trusted, full-stack solutions for digital currencies and now BitGo is well-positioned to address institutional requirements as the market develops.” Read more

BitGo and BLOKONOMI
BitGo and BLOKONOMI

JPMorgan’s blockchain report: mainstream adoption is still years away

JP Morgan made a 74-pages report on blockchain about the maturing industry of the crypto market for the long term potential of Distributed Ledger Technology (DLT), transforming banks’ business models through efficient and resilient information transfer. Although reports also stated that this might still be a few years away as legal and regulatory frameworks decelerate its progress particularly on “cross-platform integration.” Read more

JP Morgan Building
JP Morgan Building

In-House Article:

How Much Is Your Country’s Debt Impacting You?

How Inflation is Stealing Your Wealth?

Bitcoin Transformative Expansion Amidst Pandemic COVID-19


Recent News-Bytes:

Bitcoin Transformative Expansion Amidst Pandemic COVID-19

The Future of Cryptocurrency is Now

Big Money is Hedging with Bitcoin


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