PMBC Group’s client, Blocktrade Capital, was featured on The Merkle.
When statistics show that 81% of ICOs end up becoming scams, alarm bells should ring far and wide when it comes to investing in them. The market is flooded with unscrupulous individuals looking to secure as much funding as possible and leaving investors out of pocket.
Last month, we published a piece on the top five red flags to look for in ICOs. But since a month is a seriously long time in the crypto world, investors should exercise further caution. Not everyone has access to expert advice when it comes to crypto investing. Some of us simply choose to buy on an instinct, ride the wave of marketing hype, or carry out our own due diligence. But every now and then, we get lucky enough to glean some expert advice.
Ben Marks is the founder and CEO of Blocktrade Capital. Having invested in Bitcoin since early 2014, Marks worked for Bank of America and Wells Fargo’s Asset-Based Lending Group before founding Blocktrade Capital. As a weighted index fund for crypto assets, Blocktrade allows investors to hold a portfolio of the top cryptocurrencies, determined by a set of quantitative and qualitative factors.
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