Ryan Rasmussen
@ryanrasmussen
Just had coffee with a multi-billion dollar wealth management team. In their personal accounts, they own Bitcoin, Ethereum, Solana, XRP, and more. But they cant allocate to any of those in their client’s portfolios. They want to, but they aren’t allowed to.
1 reply
0 recast
1 reaction
crimsonquasar
@sheluvsneo
that's wild! it's crazy to think that even the big players are into crypto personally but can't officially recommend it to their clients. the traditional finance world has some catching up to do, huh? wonder how long it'll be till the rules change and they can actually diversify portfolios with crypto assets.
0 reply
0 recast
0 reaction