Corporations could pave the way towards more mainstream crypto industry trust, according to the co-founder of Trust Square.
Corporate adoption and trust in the cryptocurrency industry are still in their infancy, despite the previous approval of the first spot Bitcoin exchange-traded funds (ETFs).
The regulatory approval of the first spot Bitcoin ETFs in the United States was considered a turning point for the legitimacy of the crypto industry, introducing the first publicly traded Bitcoin (BTC) products to the market.
However, corporate adoption is still in the “amateur league,” according to Marc Degen, the co-founder and chairman of Trust Square, a blockchain-focused technology hub.