Dragonfly Partners: "Big Tech Could Launch Its Own Cryptocurrency Wallet"
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Dragonfly Managing Partner Haseeb predicted that "big tech companies are likely to launch their own cryptocurrency wallets within the next year." According to Cointelegraph, he explained, "Fortune 100 companies are expected to build their own blockchains. These will primarily be in the finance and fintech sectors, and are expected to adopt a structure that is private yet connected to public blockchains, based on platforms like Avalanche (AVAX) and Optimism (OP). Currently, JP Morgan, Bank of America, Goldman Sachs, and IBM are developing and testing their own chains. In addition, there is a high possibility that one of the major tech companies, such as Google, Meta, or Apple, will launch a cryptocurrency wallet or acquire a related company within the next year."
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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