Flourish Crypto to Facilitate Ethereum Investing
- The company is expanding its compliance resources.
Ethereum’s popularity among wealth management firms is rising. The world’s second most valuable digital asset has become an integral part of global institutional investment portfolios. Keeping the rising demand in mind, Flourish recently announced its support for direct Ethereum investing through Flourish Crypto, which is a prominent cryptocurrency investment solution developed for registered investment advisers (RIAs) and their clients.
Moreover, Flourish has increased its compliance resources. The company collaborated with Perkins Coie LLP for the release of a whitepaper that highlights key regulatory and compliance considerations for RIAs looking to engage with cryptocurrencies. Since its launch in September 2021, Flourish Crypto has attracted dozens of RIAs. The company highlighted a consistent rise in demand for Ethereum during the latest announcement.
“We’re seeing RIA demand evolve at an incredible pace. When we began discussing crypto with RIAs last year, advisor interest was overwhelmingly limited to bitcoin, and only for a limited number of clients,” said Ben Cruikshank, Head of Flourish. “Today, the majority of RIAs we speak with are interested in both Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term and Ethereum Ethereum Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Read this Term, with many firms looking for tactical regulatory and compliance support. Forward-thinking RIAs don’t have to wait any longer; the tools and resources they need to bring cryptocurrency investing into their practice are available today.”
Ethereum’s Institutional Inflows
According to the recent digital asset weekly fund flows report published by CoinShares, Ethereum investment products attracted a total of $23 million worth of institutional investment, its 5th consecutive week of inflows. The total value of global ETH assets under management crossed $18 billion last week.
In the press release, Flourish outlined the importance of regulatory and compliance needs in today’s crypto market. “Flourish previously announced a partnership with Compliance Solutions Strategies (CSS) which supports RIA compliance needs with compliance resources and expertise. Beginning next week, CSS will provide RIAs that sign up with Flourish Crypto with complimentary access to a comprehensive compliance packet,” the company added.
Ethereum’s popularity among wealth management firms is rising. The world’s second most valuable digital asset has become an integral part of global institutional investment portfolios. Keeping the rising demand in mind, Flourish recently announced its support for direct Ethereum investing through Flourish Crypto, which is a prominent cryptocurrency investment solution developed for registered investment advisers (RIAs) and their clients.
Moreover, Flourish has increased its compliance resources. The company collaborated with Perkins Coie LLP for the release of a whitepaper that highlights key regulatory and compliance considerations for RIAs looking to engage with cryptocurrencies. Since its launch in September 2021, Flourish Crypto has attracted dozens of RIAs. The company highlighted a consistent rise in demand for Ethereum during the latest announcement.
“We’re seeing RIA demand evolve at an incredible pace. When we began discussing crypto with RIAs last year, advisor interest was overwhelmingly limited to bitcoin, and only for a limited number of clients,” said Ben Cruikshank, Head of Flourish. “Today, the majority of RIAs we speak with are interested in both Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term and Ethereum Ethereum Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Ethereum is an open source, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Created in 2014, Ethereum now stands as the second largest cryptocurrency by market cap at the time of writing.As a decentralized cryptocurrency network and software platform, Ethereum represents the most prominent altcoin. Ethereum also enables the creation Distributed Applications, or dapps. Understanding EthereumEthereum boasts its own programming language, Read this Term, with many firms looking for tactical regulatory and compliance support. Forward-thinking RIAs don’t have to wait any longer; the tools and resources they need to bring cryptocurrency investing into their practice are available today.”
Ethereum’s Institutional Inflows
According to the recent digital asset weekly fund flows report published by CoinShares, Ethereum investment products attracted a total of $23 million worth of institutional investment, its 5th consecutive week of inflows. The total value of global ETH assets under management crossed $18 billion last week.
In the press release, Flourish outlined the importance of regulatory and compliance needs in today’s crypto market. “Flourish previously announced a partnership with Compliance Solutions Strategies (CSS) which supports RIA compliance needs with compliance resources and expertise. Beginning next week, CSS will provide RIAs that sign up with Flourish Crypto with complimentary access to a comprehensive compliance packet,” the company added.