Citi, Accel Invest in Digital Asset Manager Started by Former HSBC, Meta Executives
"The next leg of growth in digital assets will be driven by institutional participation in the asset class.
- "The next leg of growth in digital assets will be driven by institutional participation in the asset class.
- We are starting to see the early signs of that with a lot of new initiatives coming from banks and asset managers."
- xalts is expected to launch multiple fund products linked to digital assets, including mutual funds and ETFs listed on several global exchanges.
- "There is a lot of pent-up demand from institutional investors to participate in the digital asset class.