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Alternative Market Briefing

Institutional money is flowing into cryptocurrency slowly and steadily, says Circle

Friday, January 04, 2019

Laxman Pai, Opalesque Asia:

Circle, the global internet finance company built on blockchain technology, says that institutional money is flowing into cryptocurrency, but adoption is coming slowly, not in "the major sweeping manner some in the industry had exuberantly predicted."

According to a Circle blog which appeared in Medium, 2018 was a year of significant penetration into the institutional market for all three of our institution-grade flagship products (Circle Trade, Poloniex, and USDC).

"We are now partner with over 1000 institutional clients including asset managers, OTC desks, exchanges, token projects, family offices, high net worth individuals, and e......................

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