Jump to content
Sign in to follow this  
Da970

Novogratz on coming out of the shadows

Recommended Posts

Sounds like an advertisement for Ripple's strategy....

"Michael Novogratz says cryptocurrencies could be worth north of $5 trillion in five years -- if the industry can come out of the shadows

“The Nasdaq got to $5.4 trillion in 1999, why couldn’t it be as big?” the former hedge fund manager said in an interview, referring the Nasdaq Composite Index. “There’s so much human capital and real money being poured into the space and we’re at the takeoff point.”

To get there, though, companies need to develop sound business principles to satisfy regulators and lend legitimacy to the budding industry, one of Wall Street’s biggest bitcoin bulls said Tuesday at the CB Insights Future of Fintech conference in New York."

https://www.bloomberg.com/news/articles/2017-06-27/novogratz-says-cryptocurrencies-face-monster-regulatory-risks

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×
×
  • Create New...