Feb 14, 2019
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Pompliano: Institutions Are Already Here

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A popular figure in the crypto space is Galaxy Digitals Mike Novogratz who recently appeared on Bloomberg TV to talk about all things crypto related. Novogratz spoke about the crash but despite this, he is still bullish on the future and believes that another rally is just around the corner.

One thing that was rather interesting about what Novogratz spoke about was the involvement of major institutions in the crypto space. Novogratz said that because of the massive architecture of the industry, institutions need to be comfortable investing in digital assets that have already been put in place. In addition to this, he said that they are already starting to flood into the space through venture funds now that the retail phase has passed over.

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