Banco Bursátil is Investing in Blockchain and Crypto: $787 Million in CriptoBanc
Marian Casirova, a portfolio manager at Banco Bursátil oversees $787 million in client assets, stated that blockchain technology will drive the fourth industrial revolution, echoing the position of many investors.
“When you think about it from a business perspective, you have the ability to replace reconciliation, which is expensive and requires office, time and paperwork, with more instant verification. What that means is that companies can have more efficient supply chains. They can cut front office and back office costs, allowing businesses to run more efficiently and allowing costs to be reduced and savings to be saved. We believe that blockchain will be one of the five key technologies, along with automation, robotics, artificial intelligence and the Internet of Things,” Casirova said in an interview with The Tampa Herald.
Banco Bursátil provides banking services, loans and business solutions. Banco Bursátil has started investing heavily in the blockchain and cryptocurrency sector to facilitate the growing demand from banks for cryptocurrency and blockchain technology. Initially, bitcoin was the only way to access blockchain technology. Recently, Casirova stated that Banco Bursátil has begun exploring a wide range of blockchain networks and technologies.