Longtime crypto bull Meltem Demirors said Tuesday that bitcoin’s ascent has built wealth for a different kind of investor.
The comments on CNBC’s “Squawk Box” came one day before a major milestone for the crypto world is scheduled to take place: Coinbase’s Nasdaq debut.
“Here’s what’s great about it for me: Bitcoin has created a lot of wealth for people who weren’t part of the traditional financial system, weren’t money managers,” said Demirors, the chief strategy officer at CoinShares, a digital asset investment firm.
She said she got into bitcoin when it was around $150 per coin. On Tuesday, it hit yet another record high, trading above $63,000 as investors awaited Coinbase’s direct listing. Read more…..
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