Institutional Investors Continue Positioning Inside the Budding Crypto Industry Despite Legal + Trust Barriers

The cryptocurrency industry has been hoping for institutional investors to enter the space for a while, and this path is being paved quickly. Even though there are many cynics that make it look like these investors and companies are staying out, that is not exactly true. According to investment statistics cited on a NewsBTC article, there are many big names that are entering the space and making good progress. The crypto and blockchain space has been seeing a lot of money come from "major financial institutions," venture capital groups, and tech brands, according to Business Insider. Over the last four months, these companies have brought along 13 major deals that collectively have accumulated $850 million towards the crypto industry. Liquid, a smaller crypto exchange, closed a Series C round that ultimately brought up the private value of the firm to over $1 billion, thanks to contributions from IDG Capital and Bitmain. Bakkt also saw a nice influx of funding worth $182.5 million,