Despite Cyptos’ decline, blockchain technology continues to attract institutional interest
Get instant notifications when there is news about your shares. Claim a 1-week free trial to StreetInsider Premium here.
For a long time, pundits have argued that cryptocurrencies and blockchain technology will really take off when institutional investment in the industry starts pouring in. In 2021, institutional investors picked interest in decentralized finance (defi), metaverse and NFT (non-fungible) tokens). However, the decline in crypto prices witnessed in 2022 put the brakes on the flow of capital into blockchain technologies, although institutional interest has remained strong.
According to Amberdata’s co-founder and COO Tongtong Gong, the rate at which institutional investors are showing interest in blockchain technology is at an all-time high and growing rapidly. Amberdata is a data analytics company that offers trade research, backtesting, compliance and accounting, risk…
Read more >>
About CryptoCurrencyWire
CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most efficient manner possible, (2) article and editorial syndication to 5,000+ news channels, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full range of corporate communication solutions As a multifaceted organization with a comprehensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies seeking to reach a broad audience of investors, consumers, journalists and the general public. By cutting through the information overload in today’s market, CCW provides its clients with unparalleled visibility, recognition and brand awareness. CCW is where crypto news, content and information converge.
To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (US cell phones only)
For more information, please visit
Please see the full terms of use and disclaimers on the CryptoCurrencyWire website that apply to all content provided by CCW, however published or republished:
CryptoCurrencyWire (CCW)
New York, New York
www.CryptoCurrencyWire.com
212.994.9818 Office
[email protected]
CryptoCurrencyWire is part of the InvestorBrandNetwork.
