Mike Novogratz, the founder and CEO of Galaxy Digital Capital Administration, talks in regards to the just lately introduced Bloomberg Galaxy Crypto Index, why it is restricted to simply 12 cryptos, how conventional monetary gamers know extra about crypto than individuals consider they do, and the way “the herd” is coming. He discusses the most important obstacles to institutional cash coming into the house, how their entry will have an effect on buying and selling alternatives and and which varieties of stablecoins he believes are most promising. He additionally talks about why he is not very sanguine about custody options from Coinbase, why the market may go sideways for some time and why he needs he’d invested in Telegram.
Mike Novogratz: https://twitter.com/novogratz
Hearken to the Unchained episode with Wences Casares, the CEO of Xapo, which Novogratz mentions within the episode: http://unchainedpodcast.co/xapos-wences-casares-on-how-bitcoin-makes-a-fairer-world
Hearken to the Unchained episode on BitGo, which Novogratz additionally mentions: http://unchainedpodcast.co/mike-belshe-on-what-bitgos-kingdom-trust-acquisition-means-for-crypto-and-how-security-will-develop-in-the-future
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