Interactive Brokers Chairman questions crypto value while owning digital assets
Despite this, JPMorgan continues to explore blockchain and cryptocurrency technology, having launched its own digital currency, JPM Coin, in 2019 and actively investing in blockchain-related start-ups and projects.underscore the complex relationship between traditional financial institutions and the burgeoning digital asset landscape. As industry leaders voice concerns about the value and stability of cryptocurrencies, their organizations continue to invest in and engage with the technology.
During the interview, Peterffy also shared his views on the stock market, which he believes is overvalued by 20%. However, he did not advise against owning stocks since the market continues its upward trend.
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