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‘Bitcoin bank’ BlockFi is aiming for now, and institutional investors – Cryptocurrency Market


BlockFi, it is referred to as a leenplatform. Users will be able to be there in Us dollars to lend at a certain rate. Digital assets, like bitcoin, or any other cryptovaluta to cover the loan. The stable, you computer with them at all, you will get a rate of interest for that reason.
A bit like a bank but just a little different.
Among others, Morgan’s Creek, the, Fidelity, and the Galaxy s are the financial backers behind the BlockFi. The other players on the leenmarkt are c Crypto.com.
Coinmarketcap has recently published a new standard is published, in what currency do you get any interest?

BlockFi is aimed at larger companies

Now, with the news that a U.s. company with a platform to launch for institutional investors. This platform is going to BlockFi Institutional Services and home.
The target audience is wide-ranging market-makers, pension funds, exchange marts, and family offices. Generally, the traditional parties, which still have a reluctance to have the new assetklasse.
CEO and co-founder Zac, the Prince, says the opposite Bitcoinmagazine.com:

“We’re now more than a year in the market and be the team and as our business grows. This is a logical step to take.
The goal is to get a larger, traditional, financial institutions, and meet with cryptovaluta. These assets will be as attractive as possible to the package as a normal financial product, we want to have more traction and achieve.

The division is headed by the Chief Risk Officer, Rene van Kesteren, a financial heavyweight with nearly 15 years of experience at Bank of America Merrill Lynch, on his resume.
Van Kesteren was born and educated in the Netherlands.
It is hoped that the more institutes in the arena of digital and multimedia assets to enter the market as a whole, and to allow it to grow. One of the advantages is that increasing liquidity of the digital assets such as bitcoin.
Liquidity is a measure of the health of the market.
Co-operative partner While the beursvehikel, the brothers Winklevoss, the cryptovaluta for BlockFi.
The Prince goes on:

“We want to form a bridge between the traditional financial services world and in the world of digital assets such as bitcoin. Whether for retail customers or institutional investors. In the finance world needs to get used to it. Ultimately, the goal is liquidity, and a healthy foreign exchange market.

Cryptomarkt

At this time, the total market cap of the cryptomarkt to $220 billion, according to the marktvorser Coinmarketcap. Bitcoin has a power of 66% at the time of this writing.
The gold bullion market, with a cap of 9,000 billion u.s. dollars, more than forty times as much. At the top of the cryptomarkt in January 2018, with total market value $828 billion, (January 8, 2018, eds.).
Source: Bitcoinmagazine.com

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