(BONUS) German Institutional Funds Will Not Invest Big Bugs in Cryptocurrencies
This is another bonus episode, where we cover interesting – behind the scenes – development in the larger German-speaking tech space. Recently there was a wave of excitement sweeping across the crypto blogs, due to an update in the German Investment Law (https://www.gesetze-im-internet.de/kagb/). The reason: Investments of German institutional funds, since they could – theoretically – invest up to 20% in cryptocurrencies, starting on August 2nd, 2021. Joe gets together with Marco; a specialist lawyer and they talk about what is realistic. Instead of a large wave (theoretical max of ~400 bn €), as many blogs forecast, there may be only a small trickle (likely only millions over time).
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The Specialist
Marco Zingler (https://www.linkedin.com/in/marco-zingler-14b2a390/) is a seasoned lawyer, with almost 10 years of experience in capital markets legislation. He also holds a degree in Finance. He, therefore, spent most of his career as a specialist for regulatory and investment law, covering for example the changes to the new German investment Law.
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The Interviewer
This interview was conducted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. Reach out to him: LinkedIn Twitter Email
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Find all the links and show notes here: https://www.startuprad.io/blog/bonus-the-german-institutional-funds-will-not-invest-big-bugs-in-cryptocurrencies/
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