OTC crypto trading is here to stay. With an influx of
institutional investors keen to avoid the associated risks, there
is a pressing need for a different form of OTC crypto trading - via
escrow, with a trusted partner.
The cryptocurrency ('crypto') market appears to be on
the rise. Bitcoin, the main digital currency with a market share of
over 60%, has seen its price increase from around $4,000 in April
2019 to over $10,000 in July 2019. This is despite concerns about
the Dark Web, the global chatter about the recent Congressional
hearings on Facebook's Libra, and confusion over
regulation.
In tandem with increasing prices, institutional investors look
to be getting more involved in the market. Last year, we saw
institutional investors surpass high-net-worth individuals (HNWIs)
for the first time in terms of purchasing cryptocurrencies.
It's fast becoming part of a diversified investment strategy.
Whilst there is still a strong UK/US footprint, we're seeing
deals