NeuGroup Event Summary: Understanding Cryptocurrency, Digital Asset and Securities Markets in Comparison to Traditional Financial Markets
On Thursday, April 22, 2021, NeuGroup hosted a virtual interactive session to explore corporate use cases for bitcoin, cryptocurrencies, and digital assets and how they might affect traditional accounting.
The event was sponsored by premier liquidity provider, B2C2, and brought together digital asset industry leaders with treasurers of some of the largest corporations.
Rob Catalanello, President and CEO of B2C2 USA, kicked off the event with some opening remarks:
“There is a pretty big groundswell of interest from the institutional world, and by that, I mean the very well-known names, who are looking into it for a variety of reasons. Either, as a form of payment, a store of value, or just trading in a new asset class.”
He added, “It’s not the wild west. Lots of smart people are involved. But, at the same time, it’s important for people to understand the market structure before they jump into it. There are many people out there pretending to be things they’re not. So, we encourage people to do the proper due diligence before getting involved.”
Coincidentally, NeuGroup’s event enabled many institutions to do just that: get familiar with the market structure and begin to understand how digital assets might fit into their current business.
A panel of fellow industry experts also joined Catalanello: Brian Kelly, Founder, and CEO of BKCM, Jerald David, President of Arca Labs and Arca Capital Management, and Jared Hodgson, Treasury Manager for Coinsquare...