Canada Bets Big On Crypto: 40% Of Institutions Now Invest
Institutional investors in Canada are showing a strong appetite for cryptocurrencies, with a new survey revealing a significant surge in adoption rates. The report, conducted by KPMG in Canada and the Canadian Association of Alternative Assets and Strategies (CAASA), paints a picture of a booming crypto market fueled by investor confidence and a supportive regulatory […]
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Canada's GreenBank Capital has launched two new subsidiaries to invest in bitcoin startups and cryptocurrency in general. The investment firm claims to be the first public company with a presence in bitcoin, thanks to its new subsidiaries: Bitcoin Canada Investments Inc and Bitcoin Angel Capital. Bitcoin Canada will invest exclusively in bitcoin, while Bitcoin Angel will invest in early-stage projects in bitcoin as well as other cryptocurrencies. GreenBank plans to spin-off both companies at a later date, listing their shares publicly on the Canadian Stock Exchange. GreenBank will maintain....
Canada-based GreenBank Capital, a newly-formed investment company, has launched two brand new investment companies that surround the cryptocurrency bitcoin. The goal? To invest in bitcoin-related businesses and improving the cryptocurrency ecosystem. The first of the two companies is Bitcoin Canada Investments Inc - designed to exclusively fund bitcoin projects. The second company is known as Bitcoin Angel Capital. This company will also invest in bitcoin projects, but will expand the frontier and also invest in altcoins. Each investment firm's portfolio will be subject to a 10% fee by....
A poll has found 22% of institutional investors are likely to buy cryptocurrency in the future. A survey carried out by JPMorgan found that one in five institutional investors at firms that don't currently trade in cryptocurrency believe their companies are likely to do so in future.The survey of more than 3,400 investors representing 1,500 institutions, found that 11% of respondents work at firms that trade or invest in crypto, while 89% do not.Promisingly however, twice as many institutions appear likely to invest into crypto ashan those who have already taken the plunge, signalling....
Institutions hold record bullish beets in CME Bitcoin futures as the cryptocurrency shows resilience to negative news.
Although downtrends in crypto prices have affected the industry’s growth, crypto-related developments continue to make headlines almost daily. This time, north-American country Canada records an immense increase in Bitcoin ATMs installation. As per the stats provided by Coin ATM Radar, Bitcoin ATM locations in Canada have surged by over 28% in the last year. Canada […]