Many crypto companies and hedge funds have run into trouble amid the bear market. As a result, well-known financial corporations have started to acquire a stake in this business.
According to experts, the entry of large capital into this sector of the economy will help maintain its liquidity and minimize the risks of new losses for investors.
According to Sky News, Barclays Bank plans to buy a stake in crypto company Copper. Notably, the financial giant would invest several million dollars in this venture.
The funding round will close within the next few days.