Friday, June 8, 2018

Universities Getting Involved In Cryptocurrency Market

Universities Getting Involved In Cryptocurrency Market

Pursuant to the founder of Capital Fund Law Group John Lore academic establishments and universities have begun to get involved in the cryptocurrency market, recognizing and confirming the lasting perspective of cryptocurrencies like bitcoin and ethereum.

In an interview Lore told, “We’re seeing some academic institutions getting involved on a limited basis for strategic reasons. I can’t say the names of [the academic institutions] because that’s attorney-client but we have people mostly on the East Coast that have begun doing investments in this space on a fairly modest basis.”

As a result of this appears institutional investor  which is an entity that gathers financial means from various sources to purchase properties, securities, and assets. Institutional investors include entities like banks, insurance companies, hedge funds, endowments, and mutual funds.

In fact small hedge funds and medium-sized investment firms cannot be considered as institutional investors, opposite to the views of many investors in the cryptocurrency market. But, entities like universities and endowments are appropriate institutional investors who can commit many billions of dollars to the cryptocurrency market and increase cryptocurrency liquidity.

University funds often manage many billions of dollars, and the priority of the funds is to invest in safe-haven assets that can maintain stability in the long run.

The growing demand for cryptocurrencies from academic institutions means that institutional investors have started to recognize cryptocurrencies as a stable asset class that will eventually compete with traditional assets.

 

 

The post Universities Getting Involved In Cryptocurrency Market appeared first on Bitcoin News.



from Bitcoin News https://www.cryptocynews.com/universities-getting-involved-cryptocurrency-market/
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