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Crypto firms moving into Wall Street territory amid ‘growing synergy’

cryptoweekly by cryptoweekly
April 22, 2025
in Altcoins, News
0

There’s a “growing synergy” between the worlds of traditional finance and cryptocurrency, as crypto platforms plan more TradFi offerings, Bitget CEO Gracy Chen told Cointelegraph.

Cryptocurrency firms and exchanges are increasingly moving into Wall Street territory, launching more traditional investment offerings and showcasing the increasing connection between crypto and traditional finance (TradFi).

“There’s a growing synergy between traditional financial investments and the emerging crypto space,” according to Gracy Chen, the CEO of Bitget, the world’s sixth-largest crypto exchange.

“Crypto players are now checking out traditional finance as they see the opportunity to bridge it,” Chen told Cointelegraph.

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Recent Posts
  • Bitcoin eyes $105K pre-FOMC as Trump reveals Iran asked for dialogue
  • The empire strikes out: Institutionalists failed to kill the stablecoin bill
  • Pi Network migration problems: Users report KYC, 2FA and balance errors
  • Bitcoin’s invisible tug-of-war between suits and cypherpunks
  • Senate passes GENIUS stablecoin bill amid concerns over systemic risk
  • Circle’s USDC to become eligible collateral for US futures trading
  • How a fake tweet from Paraguay pushed Bitcoin to $110K

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