A top asset management institution with 1.7 trillion dollars in assets under management has officially launched cryptocurrency services, which is a significant signal.
From a numerical perspective, what does this scale mean? Bitcoin's entire market cap is only 1.7 trillion dollars, and the total crypto market cap is only 3 trillion dollars. In other words, this institution's asset scale is already equivalent to an entire Bitcoin market.
More importantly, what they're launching is not just a simple crypto asset trading service, but a complete crypto wallet product. This means the connection between the traditional financial system and the Web3 world has taken another step forward. What does a wallet product represent? It represents the improvement of underlying infrastructure, which will become an important catalyst for the next wave of growth.
A top asset management institution with 1.7 trillion dollars in assets under management has officially launched cryptocurrency services, which is a significant signal.
From a numerical perspective, what does this scale mean? Bitcoin's entire market cap is only 1.7 trillion dollars, and the total crypto market cap is only 3 trillion dollars. In other words, this institution's asset scale is already equivalent to an entire Bitcoin market.
More importantly, what they're launching is not just a simple crypto asset trading service, but a complete crypto wallet product. This means the connection between the traditional financial system and the Web3 world has taken another step forward. What does a wallet product represent? It represents the improvement of underlying infrastructure, which will become an important catalyst for the next wave of growth.