The adoption curve going forward shows an increase in bitcoin interest from the institutional world and from wealth channels, a $20t market. This is already evident in the fact that one in five millennials holds bitcoin. Also, Venmo and PayPal are working to allow their user bases to buy and sell the asset.
Galaxy Digital recently announced their partnership with CAIS, the award-winning alternative investment platform. The move aims to streamline advisor access to digital assets and provide enhanced education about the emerging asset class. Kurz says that CAIS’ platform will help knock down barriers to entry and expand bitcoin’s potential investor base. The partnership also furthers Galaxy’s mission to educate financial advisors about the role of digital assets in client portfolios. Galaxy will work with CAIS’ innovative learning program, CAIS IQ, to create modularized digital assets content for continuing education credit to support advisors who want to learn more.