ChainCatcher reported that according to Bloomberg, after the recent collapse of several cryptocurrency-friendly US banks, more and more crypto asset companies are contacting asset management companies such as Fidelity Investments to invest their cash in products such as US Treasuries.
Justin Bram, co-founder and CEO of crypto startup Astaria, said he was surprised by the number of messages he received after he asked for introductions to Fidelity in a private group chat on Telegram last week. "In the past three days, I have introduced about 25 companies and funds," Bram said, adding that the companies introduced include large market makers and venture capital firms in the digital asset space. Fidelity representatives did not immediately respond to a request for comment. (Source link)