headphones
Institutions Are Coming to Bitcoin This Cycle: Crypto.Com COO Live at Paris Blockchain Week
数字资产猎人
数字资产猎人
authIcon
资深研究
04-08 18:35
Follow
Focus
Anziani also spoke about crypto.com's evolution, the Trump deal, and more.
Helpful
Not Helpful
Play

Eric Anziani, crypto.com’s COO and President, took the main stage during the ongoing Paris Blockchain Week conference, and spoke about the company’s progress in the past few years, the massive marketing deals, as well as the crypto adoption curve.

He believes that the decade-long saying ‘institutions are coming’ to the industry will finally materialize during the current cycle. He added that the most significant catalyst for their arrival was the launch of Bitcoin and then Ethereum ETFs in the United States, as these financial products opened the door for regulated entities to enter the market.

The BTC ETFs indeed saw massive demand in their first year, which changed in the past few months after Trump took office. The Ethereum ETFs have failed to attract even a small portion of those funds, but the industry is expecting more crypto-related products to hit the US market this year under the more favorable regulatory conditions.

Consequently, a sizeable portion of crypto.com’s focus for the future has turned to institutions and they have build a platform that allows these prominent investors to use it to gain exposure to the crypto industry.

Eric_Anziani Live at Paris Blockchain Week

He touched upon the recent deal between one of US President Donald Trump’s firms and the popular exchange, which will have crypto.com serve as custodian for future ETFs launched by the POTUS’s media companies. Anziani indicated that this will allow even more users to join, which will benefit the financial vehicles as well as his company.

The exec talked about the exchange’s massive ad deals that it struck in the past few years with big brands like Formula 1, the World Cup, UEFA Champions League, as well as the rebranding of LA’s Staples Center to Crypto.Com Arena.

He said the results have been ‘fantastic’ with most quantifiable measures jumping by up to 2x in the first few years. As such, his company will continue to explore similar names for future partnerships and will double down on the successful ones, like the F1 deal.

Open the app to read the full article
DisclaimerAll content on this website, hyperlinks, related applications, forums, blog media accounts, and other platforms published by users are sourced from third-party platforms and platform users. BiJieWang makes no warranties of any kind regarding the website and its content. All blockchain-related data and other content on the website are for user learning and research purposes only, and do not constitute investment, legal, or any other professional advice. Any content published by BiJieWang users or other third-party platforms is the sole responsibility of the individual, and has nothing to do with BiJieWang. BiJieWang is not responsible for any losses arising from the use of information on this website. You should use the related data and content with caution and bear all risks associated with it. We strongly recommend that you independently research, review, analyze, and verify the content.
Comments(0)

No comments yet

edit
comment
collection
like
share