Cryptocurrency While the markets are affected by the fluctuations in the global markets, we see that there is no change in the long-term expectations.
Because, although short-term expectations in the markets remain in the negative region, crypto money companies continue to receive investments in the background.
According to the Financial Times, the world’s leading banks Citigroup, BNY Mellon and Wells Fargo participated in the financing round of crypto technology company Talos and invested.
Talos was valued at $1.25 billion in a $105 million Series B funding round announced today.
Companies that have previously invested in Talos such as Fidelity Inverstments, Andreseon Horowitz, and Paypal Ventures have participated in the funding round.
While the crypto money markets are falling, these investments show that the strategies of large companies towards digital assets continue strongly.
While the FT’s news included the opinions of many people about the development of cryptocurrencies, it was stated that this technology was the number one agenda item of the CEOs of famous companies.
While companies are discussing the conditions under which this technology and traditional finance will come together, BNY Mellon digital asset head Mike Demissie said;
“We see crypto as the tip of the spear. Other types of assets will be tokenized and integrated into this infrastructure.”