According to a Bloomberg report, Galaxy Digital Holdings founder Mike Novogratz believes that crypto institutional investment will be coming by next year.
If this were to be the case, digital coins would most likely rally significantly.
Crypto Institutional Investment
In an interview with Bloomberg Television, the crypto magnate said the following about digital currency, which he dubs ‘smart money’:
“All the architecture that institutions need to feel comfortable with this is being put in place […] You’re going to start to see custody come online.”
Crypto Institutional Investment Needs Custody Solution …
Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.