Watch this Interview as Mike Novogratz preaches how Blockchain Technology is going to get adopted in the future and how Institutional Investors are gearing up to invest in Cryptocurrencies
Michael Edward “Mike” Novogratz (sometimes Novo, born November 26, 1964) is an ex-hedge fund manager, formerly of the investment firm Fortress Investment Group. He was ranked a billionaire by Forbes in 2007 and 2008.
As the founder and chief executive officer of Galaxy Digital Capital Management, he often talks about the impact of cryptocurrencies on institutional investment with Bloomberg’s Erik Schatzker at the Bloomberg Invest Summit in New York.
He is the latest traditional investors that is bullish on Cryptocurrencies and leaves Goldman Sachs as wild swings in prices for Bitcoin, Ethereum and other digital currencies attract Institutional traders, Fintech Enthusiasts and Regulators. The blockchain will be much much larger than the average person realizes right now. People will regret not listening and most people won’t completely understand it because it’s very complex as Mr. Novogratz said.