Friends,
recently we published a post entitled “Prediction: Cryptocurrency Trading
Services Will Be Launched on NASDAQ and Leading Financial Management Firms.”
Soon thereafter Wall Street’s largest investment bank Goldman Sachs reported that
their customers see alternative stores of value in holding Bitcoin or Bitcoin
futures. And like any market/customer-driven business Goldman apparently
listened. Yes, many questions needs to be answered before launching such a
service. Among them: Minimum investment amount? Array of investment
alternatives – whether actual crypto tokens and or futures contracts? Will the
service be available to any and all Goldman customers or only legacy
institutional customers? Externally, top of mind questions which arise include
which competing investment firms will follows? The breadth and scope of their
services? The amount of overhead (OPEX) such firms will be willing to invest to
please their clients, etc? Lesson learned: Successful businesses focus their
attention and resources on delivering bona fide “value” to their customers. Share
your thoughts today! Lawrence, CryptocurrencyAcademy (https://cryptocurrencyacademy.blogspot.com)
No comments:
Post a Comment