@singularity
8 months ago

What institutional investors are buying into cryptocurrency?

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1. Stellar Lumens
Being picked by IBM and used by Mastercard
It huge advantage
2. Riple/ XRP
Hundreds of bank will use it and picked by Visa
3.Factr / FTR
As next gen of digitizing logistics and freights,also this is IBM solutions partner and stellar platform
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China Construction Bank Corporation (CCB)

They counts $143 billion in sales and total assets of $3.63 trillion. Last September, CCB revealed it was using the IBM Blockchain platform to streamline the way banks and insurance companies jointly sell some of their products.
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I know of one or two who have partnered with stellar. IBM and Roadlaunch/Factr. I hear facebook will be bringing out a token in a few months and Kodak are building on the stellar network too. HTC android phone just released the first blockchain/crypto phone.
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IBM
JP Morgan
Visa and MasterCard
Banks

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JPMorgan, the largest company in the diversified financial category, with $118 billion in sales and assets valued at $2.7 trillion. In spite of company CEO Jamie Dimon’s vociferous railing against bitcoin itself, his company has emerged as one of the most visible, and committed enterprises to the underlying blockchain technology. 
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IBM / XLM partnership - XRP/ RIPPLE has their partnerships with banks - Facebook is getting their own cryptocurrency
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JP Morgan are on cryptoworld too, they are building their own stablecoin. This might be Ripple competitor in the future.

Telegram, in one of their investor report, they have finished 80-90% of the their blockchain project called TON. and Gram will be their native token.


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There are more and more institutional investors coming in to cryptocurrency. They are starting to replace individual investors as the bigger investors. This will ultimately provide some sort of stability to the crypto market. Two examples of institutional investors buying into crpytocurrency are :
Move ahead a little over a month to early November. Forbes Magazine publishes the names of some of the institutional investors involved.
1. Goldman Sachs
2. The New York Stock Exchange
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Being picked by IBM and used by Mastercard
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  • The major financial services institutions know that BTC prices are driven by trading, not holding or spending (not 'utility', in the common sense of the term) and they therefore view it like gold (an arbitrary value store).
  • They believe that BTC will have a market value based on the wealth that they (and their clients) choose to give it, just like they do with gold.
  • They know that the 'asset' they are concerned with is actually the ecosystem that sustains the network, not the BTC directly.
  • These institutions view the 'floor' for the BTC price as the 'minimum exchange value required to sustain the network'.
  • They therefore view the health of the network (number of participants and aggregate hashrate) as the relevant indicator for establishing the price floor: when the exchange value drops to the point where the health of the network begins to show signs of weakness then they will be satisfied that they are buying in at the right price.
  • These same institutional investors are not in a hurry to see price appreciation. Their primary concern is share of control.
  • They will buy slowly - inconspicuously - to keep the price from appreciating while they build their stakes (usual tricks of multiple wallets, obfuscating with occasional sells).
  • At some point the markets will cotton on to the game and the late-comers will rush to grab what share of the BTC supply remains to be traded. It could be six months, a year, two years, whatever. They are not in a rush.
  • They will use those BTC as collateral (just like gold) for low-cost borrowing of fiat for expansion and payouts to customers.
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