Millionaire investor Mike Novogratz took part in the Fluidity Summit in Williamsburg, during which he shared with his guests his thoughts on the present and future of the crypto-currency. In particular, Novograt called digital assets a "people's revolution", reports CoinDesk.

"We have never had a market mania headed by a retail industry," the investor said.

However, the main topic of Novograt's speech was the arrival of institutional investors in kryptoks after a huge price jump at the end of last year. Of course, first of all the investor noted the joint project of his trading bank Galaxy Digital and Bloomberg agency - the crypto-currency index Bloomberg Galaxy Crypto, which tracks the most liquid block-assets. "I hope that this launch will mark the beginning of the institutionalization of crypto-currencies as a class of assets, since large problems require large capital," Novogratz noted.

Read more: https://forklog.com/majk-novograts-kriptovalyuty-eto-narodnaya-revolyutsiya/