Institutions managing €800 billion ask what crypto tokens actually earn

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Institutions managing approximately 800 billion euros expressed concern during closed-door meetings with Brendan Ma, head of investment strategy at the Arbitrum Foundation, about the link between blockchain activity, revenue, and investable value. The Robinhood Chain network, built with Arbitrum technology, recorded 793.7 million transactions and 51 million dollars in fees during Q3, with 74% concentrated in just a 12-day period. The stablecoin supply on this network grew from 102.3 million dollars at launch to 1.07 billion dollars by end of September. Brendan Ma predicts that in 12 months, these institutions will be very active and very knowledgeable participants in the crypto ecosystem.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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