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Canada’s regulatory clarity is bringing institutions to crypto — WonderFi CEO

Skurka claimed that his exchange had seen an uptick in trading by institutions as opposed to retail investors. “What we have seen in the first half of this year is growth in our OTC institutional segment,” he stated, referring to over-the-counter trades. “These institutional investors, more sophisticated investors, are [more] immune to sentiment and trends in the market, and they’re more fundamental in their investment approaches. […] We’re starting to see, […] through clear regulation, that the segment of our client base is shifting quite a bit.”

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Source: Cryptocurrency - investing.com

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