Are you ready for crypto as a ‘new asset class’?

Are you ready for crypto as a ‘new asset class’?

When I recently spoke with Macrina Kgil, CFO at Blockchain.com, about surpassing $1 trillion in cryptocurrency transactions, she told me: “At this point in time, a lot of people actually think crypto is here to stay. It’s just [a matter of] how big and how fast it will grow within the overall economy.” And along those lines Bank of America (BofA), the second largest bank in the U.S., believes that “crypto-based digital assets could form an entirely new asset class,” according to an inaugural report. This is yet another sign that mainstream banks are taking crypto seriously.

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