David Olsson from BlockFi was interviewed by Joe Hall, Cointelegraph’s reporter, last Tuesday. ShareHis insight into the current state of institutional adoption for cryptocurrencies. BlockFi offers financial services to retail customers, which include crypto-backed loans, interest rates, and other wealth management solutions.BTC) rewards credit cards, etc. BlockFi’s platform is available to institutional investors and provides capital efficiency financing, including the ability for them to borrow money for trading and hedging.

Olsson shared his thoughts with Cointelegraph about exciting developments among institutional clients that are using crypto. “Out of the top 50 hedge fund managers in the world, 80% have started trading desks or invested in crypto native businesses run by young people between 25 and 30 years old who understand how to extract alpha in crypto markets as well as manage the risks.