May 30, 2023

JIC News

The latest cryptocurrency market news for today.

Moonexbit received a $20 million investment from BlockTower Capital

3 min read

Why BlockTower invested in Moonexbit, how the future of cryptocurrency looks like and how you can take advantage of this opportunity

BlockTower, a Cyprus-based fintech blockchain firm, has recently become the first ICO to be invested in by a regulated asset management company. Moonexbit is an institutional-quality cryptocurrency exchange that specializes in trading cryptocurrencies with the help of real money. This deal will put BlockTower on the map, especially considering how few companies have received investment from an asset management firm like MoBo Partners. Therefore, it’s safe to say that Moonexbit is doing something right. In this article, we’ll go over everything you need to know about this investment deal, including why BlockTower invested in Moonexbit, how the future of cryptocurrency looks like and how you can take advantage of this opportunity.

Why BlockTower invested in Moonexbit

BlockTower is a blockchain technology business that works as a matchmaker between digital assets and traditional financial markets. It’s important to note that BlockTower operates as a trust service that powers the digital assets on a blockchain. Thus, the clients don’t have to buy digital assets or software anymore. Instead, the clients get the technology that powers their assets. At the same time, BlockTower is more than an investment company. Instead, it’s a blockchain technology firm that aims to bridge the gap between traditional and cryptocurrency markets. With this in mind, BlockTower chose Moonexbit as a partner for an investment deal. This way, BlockTower can offer its clients a chance to invest in a regulated asset management company with the help of cryptocurrency.

The future of cryptocurrency looks like for exchange-traded fund

We’ve seen the tremendous growth of ICOs over the past few years. However, the traditional financial markets are still reluctant to embrace the blockchain technology. Thus, there is a huge need for a regulated place where you can trade cryptocurrencies with the help of real money. It’s important to note that traditional financial markets have a long way to go when it comes to the blockchain technology. This is why the companies that focus on bringing cryptocurrencies to the traditional financial markets are highly valued. For example, the future of cryptocurrency for ETFs has been outlined by Tuwa Capital. In their report, Tuwa Capital outlines that more and more institutions are turning to ETFs as a method of investing in cryptocurrencies. The report also states that a significant amount of trading volume is committed to the ETF market. However, a lot of these trading volumes originate from retail investors. The opportunities that lie ahead for the cryptocurrency market look very promising.

The future of cryptocurrency looks like for exchange-traded fund and ETFs are becoming more mainstream as investors are starting to realize the importance of having a diverse portfolio in today’s volatile market. The demand for a regulated and safe trading environment is growing by the day and it will only continue to grow as more people become aware of the benefits that ETFs and other regulated exchanges can provide. Thus, the investment firms that have been able to partner with a regulated exchange like Moonexbit have a huge opportunity to attract a large number of investors looking for a secure and regulated platform to invest their money.

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