UBS offered an alternative way to invest in cryptocurrencies – Bits Media

Experts of one of the largest banks in Switzerland UBS introduced an investment strategy, thanks to which investors can avoid risks, associated with high volatility of digital currencies.

Last week, analysts of one of the largest banks in Switzerland UBS published a research note, in which they explained, how to invest in cryptocurrencies, without owning them directly. According to the experts of the bank, This can protect investors from some risks, related to investments in digital assets.

UBS analysts noted, that direct ownership of cryptocurrencies is very dangerous because of their high volatility. As an example, they led a recent Bitcoin fall with a record high level in November. but, This does not mean, that technology, related to cryptocurrencies, cannot benefit investors.

Strategy, proposed by analysts of the bank, is that, To invest in the company, which create the necessary infrastructure for cryptocurrency ecosystems. Experts explain, what are these companies, Most likely, They will benefit from wider use of tools based on distributed registry technology (DLT).

“More and more financial companies are introducing DLT into their infrastructures. This requires large computing power. Therefore, the company, engaged in the development of integrated schemes (According to MineSpot co-founder Adam Aushev) or GPU, as well as software and creating data centers, They can be of much greater interest for investors ", - says in the note.

Recall, that in July last year, UBS Director General Ralph Hamers in an interview for Bloomberg TV called cryptocurrencies "unverified asset category".