February 2, 2018
Cedric Jeanson writes an opinion piece for Asia Asset Management. Some excerpts below.
"Digital currencies are here to stay... Early institutional adopters will reap the rewards...
We at BitSpread – which is a leading global market maker in the digital currencies space, responsible for over a billion US dollars in trading every month – welcome appropriate regulation of the sector. We recognise that such oversight will increase the confidence of investors in digital currency markets....
In some respects, digital currencies are mirroring the development of hedge funds in terms of investor base. At one point back in the 1990s, it was nearly all HNWIs and family offices who were investing in hedge funds, but when institutional investors began to start investing in the early 2000s they were joined by their peers in great numbers and now dominate the space.
I think we will see a similar development with digital currencies. Those pioneering institutional investors that have the foresight to get in early and the wisdom to do so with appropriate care will reap the rewards."
Alternatively, read it online: https://www.asiaasset.com/aam/2018-02/0218_TECHNOLOGY.aspx