Tech Forums & Message Boards. Discuss Newest & Greatest Tech Trends. › Tech Forums & Message Boards. Discuss Newest & Greatest Tech Trends. › General Talk › Nasdaq Listing Brings BTCS to Mainstream Markets
MemberSeptember 22, 2021 at 7:28 am
The crypto markets are becoming increasingly mainstream as new institutional investors and traditional financial services companies enter the markets daily. Just last week financial services giant Citigroup announced that due to the intensity of client requests, it was setting up a crypto derivatives team. Citi’s move reinforces the revelation the previous week that 90% of Fidelity’s institutional clients had shown an interest in bitcoin. The move of mainstream financial firms into crypto is in full swing.
But the trend is also working the other way, as more crypto firms are going mainstream. Some are adding traditional financial services products, such as FX or options trading, to their product suites. Others are applying to be regulated by the traditional market regulators. A third way this trend is playing out is by crypto firms seeking the ultimate market recognition: a listing on the U.S. public equity markets.
One such firm is BTCS Inc., which began trading on Nasdaq under the ticker symbol BTCS on Tuesday. One of the earliest movers in the blockchain and digital currency ecosystems, BTCS was the first “pure play” U.S. public company focused on digital assets and blockchain technologies when it initially went public on the over-the-counter market in 2014.
Leveraging its vast experience participating across the blockchain ecosystem since its earliest days, BTCS has refined its strategy over the years and has already seen tremendous success in 2021. With the added clout of a Nasdaq listing, BTCS can now reach a broader investor universe that may help further accelerate its growth.
MemberSeptember 24, 2021 at 5:07 pm
Yeah statistics make sense as Bitcoin is already popular.
MemberSeptember 25, 2021 at 6:12 pm
Do you think cryptocurrency will be consistent in future?
MemberSeptember 26, 2021 at 4:38 am
With present trends, I think it will be popular too.