Cardano Creator: Wall Street to Bring Crypto ‘Tens of Trillions of Dollars’ – Bitcoints

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Published on June 23rd, 2018 | by bitcoin

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Cardano Creator: Wall Street to Bring Crypto ‘Tens of Trillions of Dollars’

Cardano Creator: Wall Street to Bring Crypto ‘Tens of Trillions of Dollars’That’s tens of trillions of dollars entering the space eventually.
Future is bright — Charles Hoskinson (@IOHK_Charles) June 21, 2018Cardano, which is currently ranked 8th on Coinmarketcap, has a market cap of around $3.5 billion.
Charles Hoskinson was also one of the founding members of Ethereum (ETH), crypto startup Invictus Innovations, and crypto tech company IOHK.
Speaking about the product release, the VP of Coinbase referred to “$10 billion” of Wall Street money that now had the potential to enter the market.
The “trillion” value has also been bandied around before, as Dan Morehead, CEO of $1 billion crypto hedge fund Pantera Capital said in April that a $40 trillion crypto market is possible, in part due to Wall Street’s increasing interest in clearing crypto trades.

Source: Cointelegraph.com

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