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RE: Institutional Custodians getting bought by blockchain companies! seriously??

in #massadoption7 years ago

very good information @liotap, although I do not understand with your explanation about Custodian Institution bought by blockchain company. But I am very sure, you are sharing information that is very useful for many people. Thanks for sharing and hope you will always be successful... :)

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My point is that there is a bit of irony here. You have an emerging technology company gobbling an old school business. Logic would be that the old one (they have money or access to financing) buys the new one (who needs a lot of money to grow) to stay ahead of the curve or at least keep up with the market.

now I realize that at the end of the day, a small company can buy a big company if it has a way to pay for it.

Here, this is even crazier because of the relative sizes of the businesses and what it shows is growth expectations. Trust company is like a commodity, digital asset wallet services the new growing segment. It just tells you the overall interest from institutions in the space. Basically you need a lot of money for this transaction and it's not coming in the form of crypto. to me it signals huge demand, therefore mass adoption...

Will be interesting to see what happens with all the new opportunities, and I'm sure there are many more surprises and "exotic" translations of this kind to emerge! Some will work some won't - time will tell! Thanks again for the additional info.

Thank you very much for you, because it has explained it all for me, now I already understand what you mean.