LionTree, a Wall Street financial advisor, says that it is exploring ways to integrate cryptocurrencies in its payment method in the near term.
The chairman and CEO of the New York-based company, Aryeh Bourkoff, says that there is also a possibility that the company would launch its own token of trust.
Bourkoff is exploring some of the major developments in the sector like the DeFi and NFTs. He views crypto assets as a potential tool for empowering investors.
The Executive notes that the cryptocurrency sector’s rise to a market capitalization of around $3 trillion has been significant.
He attributes the bullishness to move by many investors to use the digital assets as a haven against inflation and a potential for high yields.
Bourkoff says that the industry needs to have energy-efficient solutions, and the developers must create user-friendly interfaces despite the milestone.
LionTree was founded in 2012 and aided Amazon in acquiring MGM studios this year.