Thomas Zeeb, CEO of SIX, Switzerland’s largest stock exchange, said in an interview with Business Insider on Aug. 17 (local time) that hope coincides with biting coin, .
He has some negative comments about the beat coin, but he insisted that the ICO should be maintained in the future. In addition, the current cipher money is at a similar stage to the financial derivatives market in the early 1990s. Unlike the spread of financial derivative products, which took 30 years, the next five years will be enough to supply passwords.
He said that the biggest challenge is to bridge the gap between ICO and crowdfunding for the Swiss Digital Exchange (SDX), a cryptographic exchange with Distributed Ledger Technology (DLT), which SIX is preparing to serve in mid-2019. And that it should be able to manage assets safely.
The New York Stock Exchange (NYSE) InterContinental (ICE, Intercontinental Exchange) parent company and a securities professional service provider is established in the Aug. 3 (Bloomberg) cryptocurrency trading platform bark tree (Bakkt) announced there was a bar.
Bakt will provide services to enable customers to seamlessly trade, store and pay for their digital assets. It is an analysis that it is possible to cooperate with Starbucks etc. besides Microsoft to do exchange transaction between legal coin such as bit coin and dollar, and to become bit coin and money of money as payment means.
Intercontinental says it will provide liquidity to the $ 270 billion digital asset market through Bakt to ensure safe and efficient development. In addition, in November, he added a plan to sell a bitcoin gift. Bitcoin futures began at the Chicago futures market and the Chicago Option Exchange last December, but the intercontinental futures are different in that the bitcoin spot is delivered rather than cash. Experts point to the fact that institutional investors’ capital inflows are accelerated by spot deliveries, which may result in price fluctuations. In any case, as it has entered the cryptographic industry of large financial institutions, it is expected to have a positive effect on the cryptographic industry as well as the interest in the market.