Billions of dollars to flood into Bitcoin 2018!

Traditional Bitcoin users and invested have dreamed of the day when Bitcoin breaks mainstream and billions of dollars begin to pour into the Blockchain and all the cryptocurrencies, well that day has come. Coinbase and Blockchian.com has opened the door for institutional investors to flood the cryptocurrency market with their billions of dollars, by providing secure institutional investment platforms.

Coinbase launched their Coinbase Custody on July 2, 2018. Coinbase Custody is defined by Coinbase as a digital asset custody for institutions. The Coinbase Custody platform has the following features:

SEGREGATED COLD STORAGE

Separate and dedicated accounts for all your assets.

FINANCIAL AND SECURITY CONTROLS

The platform undergoes regular financial and security audits by external firms.

DEDICATED COVERAGE

Client service from Coinbase’s Institutional Coverage team in New York and ETC in LA.

SLAs ON FUND TRANSFER

Guaranteed response times to move assets.

INSURANCE

Digital assets stored with Coinbase Custody are covered by their insurance policy.

MULTI-USER ACCOUNTS

Custom user and organizational controls across all accounts.

At the moment, Coinbase Custody supports Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic and Litecoin. The Coinbase Custody team also promises to add support for all ERC20 tokens in the near future. The new platform is in partnership with ETC, a SEC-registered broker-dealer and FINRA member.

‘Coinbase Custody services a range of customers including institutions, hedge funds, ICOs and cryptocurrency exchanges.’
Blockchain.com has also launched their platform to give institutional investors a chance to buy a stake in the cryptocurrency revolution. The new Blockchain Principal Strategies (BPS) platform will provide secure and “unparalleled” access to markets, services, and research for institutions, family businesses, and retail investors.

“BPS provides clients the opportunity to invest in digital assets with the same peace of mind and security that has become synonymous with the Blockchain name.”

Blockchain.com, originally known as Blockchain.info, is a UK-based cryptocurrency wallet provider. The platform was founded in 2011 and has provided over 26 Million wallets, $200 Billion worth of transactions and has users in 140 countries.

Now that these large platforms are opening the door for major institutional investors, its only a matter of time before we see that super flood of Billions of institutional money break the door down and send the price of Bitcoin soaring to the moon. For all of those everyday investors that have patiently waited, these may be the days and months for reaping those well-deserved profits.

Do you believe opening the doors for institutional investors will be good for the price of Bitcoin? leave you comments below.

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