RATE Group | The investment cycle stalls in the face of the shortcomings of the younger generations
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The investment cycle stalls in the face of the shortcomings of the younger generations

20 Nov The investment cycle stalls in the face of the shortcomings of the younger generations

Posted at 15:49h in Cryptocurrency News by

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  • Mike Novogratz is looking for investors among Babyboomers due to the lack of possibilities of the younger generations.
  • It’s difficult for the last generation of the American dream to risk the savings.

The CryptoToday article has highlighted the presence of two new Bitcoin funds. The company in charge of the launch is Galaxy Digital, owned by the billionaire Mike Novogratz.

How to keep the digital assets market growing.

Novogratz is aware that the crypto ecosystem needs more fresh money to maintain growth levels and return on investment. He needs to find new segments of the population with the ability to invest part of their savings in the digital currency business.

The person chosen to lead this growth process is David Gross, a Wall Street sales veteran. Gross has proven experience in the financial world working at Credit Suisse, Lehman Brothers & Cumberland.

Novogratz has a clear idea of who he wants to conquer with his new funds and is the demographic…

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