Galaxy Digital Capital Management CEO Michael Novogratz discusses why he launched a cryptocurrency index and why he expects every corporate treasury to adopt blockchain technology.
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Francisco Gimeno - BC Analyst This is what Novogratz said: "This is an important piece of the architecture that institutional accounts need to treat crypto as a new asset class". It is good to have a crypto index (partnered with Bloomberg) as it shows how crypto market is already mainstream and blockchain is winning. We shall see, however, if this will be a friendly index, fair and neutral, or for those who already have an interest in certain coins and want them to be listed there. What do you think?