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Blockchain outfit ConsenSys and TrueDigital Holdings (TDH), a subsidiary of swap execution facility trueEX, have announced a joint venture to develop a benchmark price for Ethereum in a bid to win business from institutional investors looking to enter the cryptocurrency market.
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Ethereum had a stellar performance last year, and also has for the most parts maintained a hold on the number two position behind Bitcoin in terms of price and market capitalization.
The new collaboration creates the possibility of large-scale adoption among large financial institutions supporting both the vastly ... (read more)