Singaporean investors’ appetite for crypto is key to mainstream adoption — Su...
Independent Reserve’s survey revealed a strong affinity for various financial opportunities brought forward by decentralized finance and other investment opportunities. As Singapore continues to play an active role in boosting crypto adoption across the Asia-Pacific region, the country’s first licensed crypto exchange Independent Reserve conducted a retail-focused survey to better understand the underlying potential of the regulated market.Independent Reserve’s survey — conducted across all age groups and genders of the Singapore population — revealed a strong affinity for various....
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The purchases suggest institutional investors’ appetite for crypto exposure in the bull market goes far beyond bitcoin, or even ether.
ADDX uses blockchain technology and smart contracts to tokenize and fractionalize private markets, including pre-IPO equity, private equity, and hedge funds and bonds. ADDX, a blockchain and smart contract-based digital securities platform from Singapore raised $58 million from mainstream financial institutions to fund its goal of reducing minimum private investment sizes via tokenization and fractionalization.The Monetary Authority of Singapore regulates ADDX as a digital securities exchange that aims to democratize private markets. The Pre-Series B funding round saw participation from....
A new Crypto.com survey reveals a huge gap between consumer demand and merchant acceptance for crypto payments. The secret to fast-track cryptocurrency’s mainstream adoption lies within addressing a contradicted consumer demand for crypto payments across business verticals, reveals a new survey. In a study participated by crypto exchange Crypto.com’s 110,000 customers and over 1.5 million Worldpay merchants, roughly 60% of both merchants and customers shared their interest in crypto payments. However, the consumer demand does not reciprocate the business verticals that accept....
Bitcoin is suddenly all over mainstream media, whetting the appetite of risk-taking investors interested in entering positions in cryptocurrencies. However, what they don’t understand is all the benefits that this emerging asset class and the underlying blockchain technology have to offer. Negative perceptions about cryptocurrency’s use for crime continue to get in the way of […]
Bitcoin has been around for about 7 years now and its adoption is gradually picking up. But when we say that bitcoin adoption is picking up and lot of people are using it to make payments etc., we are actually referring to only a fraction of total world's population. We have been reading about forecasts that say "bitcoin is going mainstream", but how can we call that "going mainstream" when bitcoin adoption is less than a meagre 1 percent. READ MORE: Bitcoin Community to Hit 5 Million Mark by 2019. Is bitcoin ever going to be mainstream? Banks incorporating bitcoin technology for their....