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But someone asked him a question about public equity returns over the last 15 years and where he thinks public equity returns may be over the next 15 years. What we expect is maybe 0% return. I don’t think Bitcoin and Ethereum are going away. There’s what we refer to as the not yet accredited investor.
The approval of Bitcoin Spot Exchange Traded Funds (ETFs) by the US Securities and Exchange Commission earlier this year for one, has boosted sentiment while across the globe, governments are actively working towards spelling out new rules for this asset class, suggesting much potential for further growth and development.
The SEC contended that Kik sold tokens to investors with the idea that they would experience a return. In addition, the regulator disputed Kik’s contentions that half of its sale was just for accredited investors. Kik contended in its summary judgment motion that it followed U.S. securities rules.
A new firm is opening a marketplace for accredited investors to trade equity stakes into blockchain startups. BnkToTheFuture has already helped some 45,000 accredited investors from around the world invest more than $200 million.
Following the success of its first fund,Fund II plans to capitalize on the teams access to larger deal flow across public and private Bitcoin and Bitcoin-adjacent companies, including public and private equities and special situations. It seeks to generate risk-adjusted returns by diversifying across this rapidly growing asset class.
With markets near all-time highs and Bitcoin teasing the $10,000 mark, investors have become increasingly interested in new opportunities to diversify their investments, reduce risk, and grow their wealth. In addition to expanding our reach more broadly, we also curate opportunities for accredited investors.
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