Quotient Capital and the Global Cryptocurrency Markets

Cryptocurrency is reliable, anonymous and decentralized. These valuable traits mark the case for a global phenomenon that jumpstarted innovative minds to latch onto new ideas and applications for the uprising industry.

The growth of cryptocurrencies and soaring prices have motivated businesses and corporations in pulling their resources together to enter the blockchain market.  

It is not by chance that cryptocurrencies are leading the path to success. The evolution of blockchain technology is widely accepted by experts in every field.

Jon Downing, CEO of Quotient Capital

A cryptocurrency is not merely cash that is used for barter trading but an industry with a dynamic and malleable technology that replaces deficiencies in various sectors.

Currently, the marketplace has seen many examples of blockchain applications impacting different industries including cybersecurity, payment processing and forecasting. The list is endless and in order to comprehend the wide-reaching influence of cryptocurrencies, one would need to understand the harnessing power of blockchain technology globally.

During HKMA Fintech day, 25 October 2017, the Monetary Authority of Singapore (MAS) and Hong Kong Monetary Authority (HKMA) pledged to work on a trade finance cross-border platform using blockchain technology to improve security and processing speed. The blockchain project is a pioneering initiative within the region to meet the demands of a group of seven banks in Hong Kong to commercialize a blockchain-based production system to digitalize and exchange documents, automate processes and improve security.

“This interface is likely to be the first of its kind in the world in the application of distributed ledger technology (DLT) in solving the century-old problem arising from the inefficiency of the paper-based trade finance system,” said HKMA head Norman Chan. 

In other parts of the continent, Argentina announced that the Mercao de Termino de Rosario or Rofex would be adding cryptocurrency services to its platform. It is a leap forward to currency independence for a country with pervasive inflation and tight currency controls.

These coincide with CME Group’s recent achievement; the world’s leading and most diverse derivatives marketplace has become the first regulated U.S. exchange to offer bitcoin futures in 2017. Together, they will reach out to a wider audience and encourage trading activity.   

As the impact of cryptocurrencies seeps deeper into our daily lives, the financial industry has developed a huge appetite for cryptocurrency talents and it has been a challenge to locate a sufficient pool of workers to feed that appetite.

In western countries, universities have accepted cryptocurrency as an integral part of society, implementing blockchain- and cryptocurrency–related courses to produce future generations of the industry. Schools including Princeton, Stanford and UC Berkeley offer courses such as "Digital Currency," "Blockchains" and "Smart Contracts."

Jon Downing, CEO of Quotient Capital, commented, “It is not by chance that cryptocurrencies are leading the path to success. The evolution of blockchain technology is widely accepted by experts in every field. Even after reaching this stage of maturity, I expect progression to continue to grow exponentially as more people learn and participate in this exciting industry. Quotient Capital is opportunistic as the future unravels compelling news daily on the lucrative market.”

Quotient Capital

Quotient Capital is a blockchain asset investment management company founded in Australia, 2004.

The firm started as a conventional asset management company before focusing primarily in the acquisitions and trading of various cryptocurrencies, as well as investments into cryptocurrency-related companies and assets.

Quotient Capital currently has 5.8 billion USD assets under management and five offices globally. 

Source: Quotient Capital