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Crypto companies move to Wall Street territory in the middle of ‘growing synergy’

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Cryptocurrency and exchange companies are increasingly moving to Wall Street territory, which launches more traditional investment offerings and displays of growing synergy between crypto and traditional finances (Tradfi).

“There is a growing synergy between traditional financial investment and the emerging crypto space,” according to Gracy Chen, the CEO of Bitget, the sixth largest crypto exchange.

“Crypto players are now reviewing traditional finances as they see the opportunity to bridge it,” Chen told Cointelegraph.

“The lines are red -investors want flexibility, and products that can travelerate in both worlds are naturally attractive -” Chen said. “Some players see Traphfi as a safety net; others, like Bitget, see it as a launchpad for wider adoption.” He added:

“In a market -change, the integration is smarter than the separation.”

Chen’s comments came one week after Crypto Exchange Kraken launched Accessing the 11,000 listed in the US and funds exchanged by the exchange (ETF) as the first part of a global expansion in the Tradfi offerings, Cointelegraph reported on April 14th.

Kraken’s expansion in traditional stock offerings announced one week after the record-breaking of S&P 500 two days Loss of more than $ 5 trillionUS President Donald Trump’s —trigger Reciprocal Importing Tariffs announcement on April 2.

CEO of Coinbase Brian Armstrong shouted a similar vision. In the latest call to the company’s income, Armstrong said Coinbase aims to help modernize the global financial system and bring more to GDP in the world to crypto metals.

“We think it’s a better, fair, free world that will speed up the development, and it creates economic independence,” he said in the latest Coinbase revenue call.

Crypto and Tradfi relationship is “natural symbol”

The relationship between the “digital assets and more traditional properties is a natural symbol,” a spokesman for Coinbase, the third of the largest crypto exchange, told Cointelegraph, added:

“Basically in our mission to enable economic independence by donating a billion users to crypto, it supports more than ‘traditional finances’ to include in crypto.”

“As the regulation of regulation and adoption of the institutional increases, we expect more than global GDP to run on crypto metals,” the spokesman added.

Blockchain technology brings “speed and transparency” as Trafi introduces “trust, size and compliance,” in a “inevitable scene,” Omri Hanover, general manager on the geptocurrency platform of Gems, told Cointelegraph.

“Also, Trade and Crypto will open new paths for both investors and institutional investors, especially those seeking exposure to digital possession without navigating the full complexity of folk crypto products,” he explained.

Traditional investment platforms such as Ethoro and Robinhood there too Cryptocurrency offerings were launched.

https://www.youtube.com/watch?v=KQZhvt77xkw

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