Popular cryptocurrency exchange FTX has just announced the launch of a division aimed at institutional investors.
The platform has reported through a press release this structure will provide advisory services and provide analytical tools that will enable companies and funds to access digital currencies.
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The division, dubbed FTX Access, will offer institutional investors access to crypto derivatives, digital asset management services and structured products.
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Sam Bankman-Fried, CEO of FTX, has pointed out financial companies and other institutions are increasingly interested in cryptocurrencies, and many of them have already invested in such tools.
Earlier this year, Sam Bankman-Fried noted the market for digital assets will grow due to institutional capital.