German Investment Firm Plans To Add Bitcoin To Its Offerings
The $500 billion German asset manager speeds up plans to adopt crypto after assessing Bitcoin certificates. Read the full article by: Asad Gillani
Key Points:
Union Investments is planning to experiment with BTC by moving 1-2% of their portfolio into the digital asset. Union currently has $500 billion in assets under Management.
If more traditional finance companies start dipping into cryptocurrencies and offering products to their clients this will make crypto more accessible for the average investors.
One barrier for most people is having to go through the process of signing up for a platform like Coinbase that they don’t know or trust. They would feel more comfortable getting exposure from a company they have been with for years and know well.