Institutional Adoption: A Paradigm Shift
One of the central themes of Scaramucci’s discussion was the growing trend of institutional adoption of Bitcoin. Highlighting recent news of U.S. pension funds entering the crypto market, Scaramucci underscored the seismic shift taking place within traditional finance circles. The State of Wisconsin Investment Board’s $100 million investment in Bitcoin serves as a watershed moment, signaling institutional recognition of Bitcoin’s potential as a strategic asset class.·
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