cryptojournalist
Wellington Management has partnered with digital asset firm FundBridge to make it easier for their clients to invest in digital assets. This collaboration aims to simplify processes and boost efficiency in asset management. A Wellington spokesperson shared that FundBridge’s approach complements Wellington’s mission by providing clients with improved access and operational ease.
In this partnership, Standard Chartered, a global bank based in London, will act as the custodian, taking care of asset storage. Standard Chartered’s involvement aligns with its commitment to digital assets and supporting clients interested in this growing market. The bank’s analyst, Geoff Kendrick, has even forecasted a major upswing for Bitcoin, expecting it to hit $125,000 by year’s end. He also speculated that Bitcoin might reach $73,000 by the U.S. presidential election on November 5, with the potential for further growth if former President Donald Trump is re-elected.
