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Bitcoin's Wealthy Holders Shifting to Private Banking, Xapo CEO Says

Original: Bitcoin’s wealthy holders are moving from trading to private banking, Xapo CEO says

Xapo's chief executive says Bitcoin's largest holders are moving away from active trading toward private banking-style services, seeking custody, wealth management and long-term preservation of their holdings. The comments suggest a maturing wealthy crypto clientele that now behaves more like traditional high-net-worth clients than speculative traders.

Why now: The remarks from a major Bitcoin custody provider's CEO point to a structural shift in how wealthy investors manage their crypto holdings.

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