The digital-currency marketplace has been in turmoil since the current “crypto winter” began in mid-2022. Holdings have been breached, fraudulent and illicit schemes have been revealed, and digital-currency offerings have lost value, making the risks more evident.
At the same time, digital currencies are here to stay. Their primary function—to hold and transfer value without a central authority validating and processing transactions—will continue to be attractive to investors and other financial services customers. In addition, the rapid pace of innovation continues. Financial institutions have a duty to provide the same level of asset-specific offerings, capabilities, and guardrails that they do with other comparable asset classes.
Argentex Group plc (LON:AGFX) is a leading provider of bespoke currency risk management and payments solutions for businesses and financial institutions