Paul Chou, a former Goldman Sachs executive and the founder of LedgerX, a regulated bitcoin derivatives and futures market based in the US, said that Bitcoin has been seeing unprecedented institutional interest for the first time in its history. Institutional Money During an interview with Nathaniel Popper of the New York Times, Chou stated that despite the recent market correction that led the values of most major cryptocurrencies such as Bitcoin and Ethereum to drop by large margins, the demand from institutional investors and retail traders has been on the rise. Chou said: The industry is seeing unprecedented institutional interest forPowered by WPeMatico
