The Daily Hodl
2022-09-16 14:30:16

Ethereum (ETH) Is Now ‘Prime Time-Ready’ for Institutional Investors, According to Nexo Co-Founder – Here’s Why

The co-founder and managing partner of crypto lender Nexo, Antony Trenchev, is saying that large institutions are now more likely to invest in Ethereum (ETH) after the crypto asset’s transition to a proof-of-stake consensus mechanism. Trenchev says in a Bloomberg interview that Ethereum’s transition to a less energy-intensive transaction-verification mechanism makes it acceptable to institutional […]The post Ethereum (ETH) Is Now ‘Prime Time-Ready’ for Institutional Investors, According to Nexo Co-Founder – Here’s Why appeared first on The Daily Hodl.

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