Anchorage Digital sees growth despite bear market - Coinleaks
Current Date:November 7, 2024

Anchorage Digital sees growth despite bear market

The Anchorage Digital co-founder recently spoke to The Block on bear market dynamics.

Co-founder and head of the company, Diogo Monica, stated that despite the bear market, the company continues to grow. However, it gave clues about bear market dynamics.

Anchorage Digital co-founder made a statement about the company

Diogo Mónica, co-founder and president of Anchorage Digital, said in an interview earlier this month that they are observing the institutional crypto market expanding and companies looking to do business in the US. Pointing to the increasing interest in crypto assets among institutional investors, Mónica stated that companies are in a tendency to be more involved in the crypto space. However, the co-founder also gave clues about bear market dynamics.

Despite the ongoing regulatory and regulatory debate in the crypto market, this positive trend that Anchorage Digital has observed indicates increased institutional participation and greater acceptance of the crypto space. This is an important sign for the future of the crypto ecosystem, especially at a time of spot Bitcoin ETF filings and other similar developments.