U.S. treasury bonds

  • Cryptocurrency Industry Turns to Asset Management Companies for Investment

    It is reported that, according to Bloomberg, after the recent collapse of several cryptocurrency friendly American banks, more and more companies in the digital asset industry are contacting asset management companies such as Fidelity Investment to invest their cash in U.S. treasury bond bonds and other products. Digital asset companies begin to transfer cash to asset management companies such as Fidelity Analysis based on this information:The report by Bloomberg reveals a shift in the investment strategy of companies in the cryptocurrency industry. After the collapse of several cryptocurrency-friendly American banks, many of these companies are seeking investment opportunities in traditional markets such as U.S. treasury bonds and other products. The sudden change in strategy has been attributed to the need for stability and security in an increasingly unpredictable market. With the emergence of digital currencies such as Bitcoin, there has been a corresponding increase in investment opportunities within the cryptocurrency space. However, the industry has been plagued by market volatility,…

    03/15/2023
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