Bitcoin rose on Tuesday, climbing above the $90,000 mark for the first time since early March as Michael Saylorโs Strategy increased its stake in the popular crypto. ๐คฃ ๐ ๐ ๐ ๐ ๐
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Cryptocurrency prices are likely to remain resilient. Given their accessibility through traditional investment products, including exchange-traded funds (ETFs), and their performance, they could be โuseful as a TradFi hedge,โ according to Standard Charteredโs Geoffrey Kendrick.
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One of the first things any bank should consider is how their approach will impact time-to-market strategy and competitive positioning. For banks, working with a regulated custodian is more than just a box-checking exercise.
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