Is crypto the future of finance? – Tom Stelzer
Bitcoin is in the big leagues and cryptocurrency could yet transform financial services.
That was the overarching message from the inaugural VanEck Crypto Investor Symposium this week.
As Matthew Siegel, VanEck head of digital assets research, argued, there is undeniable momentum behind the asset class.
Global crypto owners have grown every quarter over the last few years, even through the depths of the bear market triggered by the collapse of crypto exchange FTX. Their number could reach 900 million by the end of this year, driven by demand from both the big end of town and those in developing nations.
“Bitcoin is most attractive to the 1 billion consumers who live in countries that have inflation rates above 10% and…
