Sentences with phrase «large financial institutions acquired»

Following the announcement about Ripple's adoption in banking system to streamline international transaction, large financial institutions acquired large amounts of coins, which resulted in Ripple be considered not so decentralized as Bitcoin is.

Not exact matches

Brendan Wallace, Fifth Wall Ventures: «Many generic online lending startups will fail or be acquired by large financial institutions at discount valuations.»

The report: Years ago, when many advisors may have joined the industry, insurers sought to grow by casting a wider net building and acquiring capabilities to amass large product or geographic footprints in the mold of a full - service financial institution.