Bitcoin broke through $21,000 hours after breaking $20,000. Bitcoin should be worth about $400,000 says Guggenheim Fund's Scott Minerd. One River Digital Asset Management has commitments that will bring its holdings of Bitcoin and Ether to about $1 billion as of early 2021. Ruffer investment allocated 2.5% of more-than $20B portfolio to Bitcoin in November.
SC Ventures, the innovation and ventures unit of Standard Chartered, and Northern Trust, a leading provider of asset servicing, have entered into an agreement to launch Zodia Custody, an institutional-grade custody solution for cryptocurrencies. Tech venture capitalist Marc Andreessen and Cisco veteran Kelly Kramer were named to the Coinbase board of directors as full members, the cryptocurrency exchange.
SC Ventures, the innovation and ventures unit of Standard Chartered, and Northern Trust, a leading provider of asset servicing, have entered into an agreement to launch Zodia Custody, an institutional-grade custody solution for cryptocurrencies. Tech venture capitalist Marc Andreessen and Cisco veteran Kelly Kramer were named to the Coinbase board of directors as full members, the cryptocurrency exchange.
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