View profile for Ben Malena 💥

Co-Founder & GTM @ AlgoPear | Credit Union Financial Inclusion | Digital Assets XRP Army | Retired 5 year NFL Veteran | Texas A&M Alumni/Lettermen

Asset giant Vanguard $11.4T AUM is finally offering its clients direct access to $BTC ETF as investment services. Keeping deposits inhouse. The massive outflow of deposits to fintech giants such as Robinhood and Coinbase to invest in digital assets is effecting even the largest financial institutions. Credit unions, Community banks, Regional banks and so on are under this immense pressure as well, averaging $50 million per year of outbound deposits to #crypto tech giants. These FI’s must embed soultions to offer digital assets, or fintech giants who already do so, will continue to devour the digital assets marketcap. Checking/saving accounts, and loans are simply not enough in modern time for member loyalty. Digital assets is on the path the replace “money” as we know it.

Ronnie M Green

CEO at AlgoPear | Driving Deposit Growth With The Embedded Robinhood For Community Financial Institutions

3d

Spot on 🚀

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