Among large companies, the demand for investments in the first cryptocurrency has increased, says the head of the BitGo service.
Darren Jordan, managing director of bitcoin storage service BitGo for Europe, the Middle East and Africa, said during the Token 2049 conference that corporations are increasingly exploring the possibility of investing in bitcoin, according to The Block . According to Jordan, he is regularly approached by representatives of large companies who want to invest in the first cryptocurrency.
To invest in cryptocurrency, companies need to seriously raise awareness of digital assets, as well as explore liquidity and regulatory issues, Jordan said.
The increase in demand for investment in cryptocurrency among large companies was confirmed by the CEO of Genesis Trading Michael Moreau.
“These are not only American technology companies, but also firms from South America and Southeast Asia, diversifying their portfolios in this way,” said Moreau.
On October 6, for the first time since mid-May, bitcoin exceeded $ 55.5 thousand, and the capitalization of the cryptocurrency increased to $ 1 billion. Over the week, bitcoin rose in price by 30%.
BitGo is a company that develops blockchain storage solutions for digital currencies for large investors.