Companies using the crypto universe in search of protecting their capital and diversifying into new forms of investment. The «professionalization» of the market.
A few years ago, large financial institutions such as JP Morgan, BlackRock, Goldman & Sachs or Grayscale stopped seeing Bitcoin as an enemy of the financial system and realized the advantages that this technology offers for investing. During this time, companies around the world began to incorporate cryptocurrencies into their portfolios.
In this way, companies protect their capital with cryptocurrencies, establish new forms of investment and even play hard in the world of technology, being investors in new crypto projects.
This institutional shift translated into a huge influx of capital to the entire ecosystem, a product of the standardization and reliability of large traditional cryptocurrency companies.
The landing of financial institutions in the crypto world led to the «professionalization» of the sector.
Exchanges and brokers became more professional, incorporating KYC (know your customer) and AML (anti money laundering) processes, achieved better infrastructure and supported greater flows of transactions and users.
Still, these companies and institutional investors need a more personalized or «tailored» service. And that’s where OTC (over the counter) services come in.
OTC, over-the-counter investments
Institutional clients with large investment volumes. «Over the counter» operations: what they are and for which investors they are most convenient.
OTC operations are tailored to the client and are focused on high-volume investors.
Some regular users of OTC desks happen to be people with large amounts of capital, companies, financial institutions, banks, family offices and even crypto companies that need more units to supply their business. The service is not available to any user, as it is intended for institutions with high purchasing power.
Why operate «over the counter»
The main benefit of trading on an OTC desk is that trades are tailored to the client. While buying cryptocurrencies through a normal broker or exchange is like buying a mass-made suit, buying cryptocurrencies on an OTC desk is like having a suit made in a tailor shop.
The flexibility of OTC desks to meet customer needs is much broader. This means that a company that can purchase large amounts of cryptocurrency may also have more ability to set a price that benefits it. This is the main reason to trade OTC.
Remember that Yagecoin has an OTC service for large investors, which you can access here.
