That’s not good. Usually, if these firms have been non-public, they’d be attempting to determine tips on how to survive. Take Coinbase as an illustration. It has been round since 2012, and so it has survived a number of bear markets. However this time round, it has the general public shareholder to fret about. And the extremely liquid, public shareholder is way extra impatient than the extremely illiquid, non-public shareholder.
Schwab Aims Crypto Custody at Its $5 Trillion Advisor Channel by 2027
Charles Schwab has switched on the first round-the-clock product in its history, letting clients trade select cryptocurrency futures nearly 24...
