Global Stock News

The case for crypto is modest – the way it’s sold isn’t

The case for crypto is modest – the way it’s sold isn’t

Serious investors treat it as a small, ring-fenced bet on an uncertain possibility. That version barely resembles what gets advertised on the tube.

On my commute through London I see more ads for cryptocurrency platforms than for most traditional asset managers. Between stations, promotions for trading apps and token exchanges are everywhere, in some cases showing cross-armed footballers on a background of financial charts going up.

Last August, crypto trading platform Bitpanda announced a multi-year partnership with Arsenal FC, becoming the club’s official crypto trading partner – one of several such deals struck between crypto platforms and Premier League clubs in recent years.

The billboards are up across the London tube network…

Source link

Share this article

Scroll to Top