In this segment of Money Never Sleeps , Louis Velazquez talks about the state of cryptocurrency and how major institutions and beginning to figure out uses of these digital assets to settle transactions faster, create a true utility for and much more. He also touches on the SPAC market and how SPAC sponsors are coming forward 5-15 per week, that is 5-15 new SPAC’s going public.
These SPAC’s are coming public with a goal in mind and that is to take disruptive private companies and give them the liquidity and direction to help their companies growth tremendously. Cathie Wood made mention of Bitcoin and its future and it seemed pretty bullish.
The digital future is very bright and these visionaries are just getting started, when you come across a disruptive company then hang on to it tight because sooner or later it may be the next big thing in tech.