Thomson Reuters Corporation (NYSE: TRI), published a survey on Tuesday revealing that 20% of financial institutions are studying the possibility of entering the cryptocurrency trading space within the next 12 months period. Furthermore, 70% of those considering starting trading cryptocurrencies are planning to do so in the next three to six months, according to the survey.
The survey covered more than 400 of its clients across Thomson Reuters platforms including large asset managers, hedge funds and trading desks at the biggest banks. Over 300,000 financial professionals working in asset management, hedge funds and other institutions get access to cryptocurrency data (including price quotes for BTC, BCH and ETH) via the Thomson Reuters Eikon platform.
“We’re witnessing a gradual institutionalization of the market, and this is sure to drive mainstream adoption. The move to accommodate digital currencies is also a symbolic one; it’s a sign of growing maturity in the market, and represents just how far cryptocurrency has come since its days of relative obscurity...” -Kevin Murcko, CEO of cryptocurrency exchange Coinmetro.
Please read the full article here:
https://news.bitcoin.com/20-of-financial-institutions-examining-starting-cryptocurrency-trading-soon/?
Uncorrelated asset class is a heaven for smart people who prepare for the upcoming global economic distress. Then, this stats is correlated with the intentions among institutes .
Really its a great news for crypto
Thanks for sharing @melip
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Sigue el crecimiento de las Criptomonedas en el mercado actual, ya van adquiriendo otra importancia dentro del mismo. Saludos @melip
Saludos amiga. Serán el 20% de instituciones financieras al principio y después subirá a al menos un 50% con toda seguridad. Crypto llegó para quedarse 😉
Es un comienzo muy importante y lo que dices es verdad llegarón para quedarse las Criptomonedas
wow thats a great news bro . it really helps the crawling market cap to run . if it happens I am pretty sure we are gonna see new ATH again for sure . I hope it happens. thanx for sharing such a great news bro :)
When it happens my friend, when it happens. 😊
Hello @melip, are still growing cryptocurrencies, that's very good thanks for such important news
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Thank you for giving me a vote
I resteem your post
Thank you 😊
Yes
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You have very low reputation my friend. What happened to you?
You are a Re-Steemer, why don’t you start working on your own material so I can upvote you?
Its a fantastic news for us
thanks melip for you informative post
Informative post ,, thanks for sharing
upvote is done
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So beautyful post
Esperemos que las criptomonedas sigan creciendo.
This is a very interesting phenomenon, the very technology that will most probably be the end to big business is so good that you need to incorporate it :)