Bloomberg Believes Financial Giants Are Becoming Interested in Crypto Companies

A lot of cryptocurrency exchanges and companies were forced to cut staff against the backdrop of the fall of the cryptocurrency market.

According to Bloomberg, the potential further deterioration of their financial position may lead to the fact that such enterprises will be bought up by banks and other large investment structures.

It has recently been known that such crypto platforms as Crypto.com and Gemini have started to cut staff to reduce costs.

Many crypto funds and companies focused on the crypto sphere have faced the problem of lack of liquidity and have suspended the withdrawal of funds.