We see all the crypto advancements today, from Equinox gym
accepting cryptocurrency payments to buying Teslas and Lamborghinis
with crypto, from Fidelity allowing companies to offer its
employees to invest a portion of their 401(k) in bitcoin to
Microsoft accepting bitcoin to purchase apps, games and other MS
digital content, from San Jose Sharks receiving bitcoin for NHL
season tickets to Uber/Lyft soon accepting crypto payment for
carpool rides. Certainly, the use of cryptocurrency is changing the
way we buy and sell products/services that were once only possible
through real cash and credit.
With inflation rising and the looming U.S. market recession,
companies have been reassessing their investment allocations,
ensuring investments have long-term added value, and also exploring
the world of digital assets as a hedge against inflation. On the
other hand, corporate treasury teams must also acknowledge the risk
associated with cryptocurrencies and find the balance