Just two years ago, most of the countries in the world banned cryptocurrencies, but not anymore. More and more countries are now opening their doors to cryptocurrencies and making it accessible for people to have cryptocurrencies. Companies are also opening up to the idea even big companies like MicroStrategy and Tesla also opened their doors to cryptocurrencies and now big banks such as JP Morgan have now shown interest in cryptocurrency. This has been due to consumers embracing cryptocurrencies now more than ever. Retail investors have now become a powerful force in the crypto economy and they are now turning heads around the
world of finance.
Just look at the example of El Salvador which became one of the first companies to have granted Bitcoin a legal tender. This has been a great win for the country which saw amazing growth in its real and economic sectors due to these reasons. Crypto tourism in the country exploded and now more and more investment is pouring into the company. Sam Bankman Fried, the richest self-made billionaire this year is also in the domain of crypto running one of the biggest crypto exchanges in the world. Not just this there are also companies forming in the Decentralized Finance space which has grown over 10,000 percent in the last 3 years alone, an unprecedented rate of increase that has never been seen before.
Amongst all this hustle and bustle in the crypto domain, Aufin Bank is coming out as the bank with the most to contribute. The bank has created a slew of services in the crypto domain. Services that have never been offered by any bank in the previous years. It was one of the first banks to offer insurance on crypto holdings as well as digital wallets for holding cryptocurrency with the safety of their bank. One of their most ambitious and most notable products has been the crypto investment fund that the bank has created to invest in cryptocurrencies for their customers and pass on the return. The bank has a curated selection of investment analysts that help in creating a whole strategy around investing in the best cryptocurrency. In the past 2 years the fund has netted an 80% CAGR which is more than the bank’s traditional security fund has ever made by a factor of 8.