Crypto firms moving into Wall Street territory amid ‘growing synergy’

Cryptocurrency firms and exchanges are increasingly moving into Wall Street territory, launching more traditional investment offerings and showcasing the growing synergy between crypto and traditional finance (TradFi). “There’s a growing synergy between traditional financial investments and the emerging crypto space,” according to Gracy Chen, the CEO of Bitget, the world’s sixth-largest crypto exchange. “Crypto players are now checking out traditional finance as they see the opportunity to bridge it,” Chen told Cointelegraph. “The lines are blurring — investors want flexibility, and products that can straddle both worlds are naturally attractive,” Chen said source: https://cointelegraph.com/news/crypto-firms-moving-into-wall-street-growing-synergy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound