Currently, large corporations like Edward Jones or Northwestern Mutual are not able to legally own Cryptos because of an issue called “custody.”
The good news is that will change next year. Many companies are fighting to meet the custody battle.
When this takes place it’s going to be the biggest transfer of money in the history of the world.
As we all know, the opportunity in cryptos is just getting started!
Once custody is in place, institutions will be able to trade in the physical bitcoin market. And when that happens, billions—or even trillions—of dollars will come pouring into the market.
I hope we all have a strong allocation to crypto currencies before this money flows in. This move will be life changing and Bitcoin is here to stay!
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Great read! Thanks for sharing!