#cryptoequitynews

[thecryptoequity]

Huge Growth Potential If The $130 Trillion of Global Institutional Assets Under Management Moves Into Crypto Equities.

Financial experts consider custody to be the biggest obstacle. Lack of proper custody discourages the participation of financial institutions, hindering the flow of big money into the crypto market. In this regard, Robert Dykes writes:

Global institutional investors have $130 trillion of assets under management. A tiny slice of that moving into crypto will have a huge positive impact on an industry whose market cap remains under $300 billion.

But, according to Dykes, to attract this kind of money into the market, “the crypto industry needs to provide the facilities and tools these big-money players are used to.”

Hence, Bitcoin bulls are getting excited about the fact that big names like Coinbase, Goldman Sachs and an increasing number of incumbents are starting to embrace the cryptocurrency space. https://bitcoinist.com/bitcoin-price-7000-wall-street/

[thecryptoequity]

Significant Institutional Entry Into Crypto Equities

For months, the cryptocurrency market has waited for the expected entry of institutional finance, an event which is expected to herald its coming-of-age as a bona fide investment asset class with a long-term future. By and large, a torrent of banks and funds pouring money into crypto assets has not materialized, driven in part by fears of regulatory uncertainty, and the erratic and unconventional behavior of the asset.

This series of quiet but deliberate moves by Northern Trust, however, could signify the beginning of a significant investment influx to crypto markets. In an interview with Forbes, Pete Cherecwich, president of corporate and institutional services at Northern Trust confirmed that a shift is indeed taking place, and he highlighted the reason why.

“You can take anything today. You can take movie rights, you can take all sorts of entities, and you can create a token for those. We have to be able to figure out how to hold those tokens, value those tokens, do those things,” he said.

While Northern Trust didn’t reveal the identity of the hedge funds it's working with, in this new area of engagement, Cherecwich dropped a tantalizing hint, by mentioning that the project is with three “mainstream hedge funds” who are adopting a significant investment position in digital assets. https://bitcoinmagazine.com/articles/financial-services-firm-opens-doors-crypto-hedge-funds/

Financial Services Firm Opens Doors to Crypto Hedge Funds

This series of quiet but deliberate moves by Northern Trust could signify the beginning of a significant investment influx to crypto markets

[thecryptoequity]

The Security Token Market To Hit $10 Trillion Value by 2020

Neufund, a German blockchain platform for equity fundraising, announced it had partnered with Malta-based crypto exchange BitBay to offer equity tokens for fiat currencies.

According to its statement, Neufund has recently signed an agreement with seven companies from five countries to conduct equity token offerings through its platform, with over a thousand investors committing to future participation. These companies are active in sectors such as cosmetic, electric cars, e-commerce, and fintech. Several other partners are to be announced soon, Neufund says on its website.

The alliance with BitBay - whose tradable fiat pairs include the Polish zloty, the euro, and US dollar - will allow the partnering companies to liquidate their equity tokens against fiat currency.

Citing a study by Polymath, Neufund noted that the security token market was projected to hit $10 trillion in value by 2020.

“We welcome BitBay among our partners with great excitement. It is Neufund’s mission to make fundraising more inclusive and easier for companies, while bringing investors more liquid investment assets, and our partnership will enable investors to liquidate their investments directly into fiat currencies,” commented Neufund co-founder and CEO Zoe Adamovicz.

“Our partnership with Neufund aims to bring security tokens to BitBay’s everyday operations in a fully compliant and regulated way,” added Pawel Sobkow, CEO of Bitbay.net operator Pinewood.

https://cryptovest.com/news/neufund-bitbay-team-up-to-offer-equity-tokens-for-fiat/

[thecryptoequity]

Incumbent Investment Banks May Lose Customers To The Crypto Equity Market.

Cryptocurrency capital markets--which are less than 3 years old--are challenging the supremacy of traditional investment banks for raising new capital, as they raised 45% of the amount raised by traditional IPOs (initial public offerings) during Q2 2018. Incumbent investment banks remain absent from nascent cryptocurrency capital markets and may increasingly lose customers to them.

The initial coin offering (ICO) market—defined as capital raised on open blockchains via token sales—was 45% and 31% of the traditional IPO and venture capital markets during Q2 2018, respectively, up from 40% and 30%, during Q1 2018. ICO volume during Q2 2018 was approximately $7.2 billion, according to Coindesk, while the US IPO market raised $16.0 billion (as reported by PwC), and US venture capital markets raised $23 billion (as reported by CB Insights and PwC) during the same period.

https://www.forbes.com/sites/caitlinlong/2018/07/22/icos-were-45-of-ipos-in-q2-2018-as-cryptos-disrupt-investment-banks/#1d12b070794c