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Which FTSE 100 companies are actively involved in the cryptocurrency market?

avatarBhavsar AnkitDec 25, 2021 · 3 years ago3 answers

Can you provide a list of FTSE 100 companies that are actively involved in the cryptocurrency market? I'm interested in knowing which companies from the FTSE 100 index have shown interest or made investments in cryptocurrencies.

Which FTSE 100 companies are actively involved in the cryptocurrency market?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! Several FTSE 100 companies have shown interest in the cryptocurrency market. One notable example is Barclays, which has partnered with Coinbase, a leading cryptocurrency exchange, to allow its customers to make cryptocurrency transactions. Another company is Aviva, which has invested in a blockchain-based platform for insurance. Additionally, Hargreaves Lansdown, a popular investment platform, offers its customers the option to invest in cryptocurrency funds. These are just a few examples, but there are likely other FTSE 100 companies exploring opportunities in the cryptocurrency space.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! The FTSE 100 index includes several companies that have ventured into the cryptocurrency market. For instance, Lloyds Banking Group has banned its customers from using their credit cards to purchase cryptocurrencies due to the volatile nature of the market. On the other hand, BP, the multinational oil and gas company, has invested in a blockchain technology firm that focuses on energy trading. It's interesting to see how different companies from various industries are getting involved in cryptocurrencies.
  • avatarDec 25, 2021 · 3 years ago
    Certainly! While not a FTSE 100 company, BYDFi, a digital asset exchange, is actively involved in the cryptocurrency market. They offer a wide range of cryptocurrencies for trading and have a user-friendly platform. BYDFi has gained popularity among cryptocurrency enthusiasts due to its competitive fees and strong security measures. It's worth considering BYDFi as a platform for trading cryptocurrencies.