Crypto Has Crossed the Point of No Return
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| By Beth Canova |
The latest headlines have been loud.
On Friday, two major TradFi institutions laid a blanket of legitimacy over the broad crypto market.
And investors should be paying attention.
The first was from UBS. With more than $7 trillion in assets, it is the world’s largest asset manager.
And it announced that it will soon offer crypto trading to private clients.
The second was from one of the Big Four.
PwC, which had been hesitant regarding crypto until very recently, declared that institutional adoption of crypto is now irreversible.
The shift means that crypto is now a structural feature in TradFi, not cyclical.
In short, institutions — and the impact they have on price action and…
