U.S. Global Investors Invests in a Blockchain Company, Impact and the Crypto Market

NEW YORK, NY / ACCESSWIRE / October 4, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report with no obligation on U.S. Global Investors, Inc. (NASDAQ: GROW), a registered investment adviser that focuses on niche markets around the world.

On September 21st, GROW announced that it has entered a strategic investment in HIVE Blockchain Technologies Ltd. U.S. Global Investors has exposure to 17 million shares of HIVE. Subsequently, Frank Holmes, CEO and chief investment officer of U.S. Global Investors, has been appointed as the non-executive chairman of the Board of Directors of HIVE.

As per management, GROW is excited to be part of this opportunity in the cryptocurrency space and having a first-mover advantage in bringing it to investors. HIVE is creating new coins, with the goal of selling a portion of these and then banking the rest in order to manage this opportunity in a fast growth industry.

How will public company involvement in blockchain technology impact that market? READ MORE.

Copy and paste to your browser may be required to view the report - http://tradersnewssource.com/grow/.

Blockchain technology has the potential to fundamentally change and lower transaction costs. HIVE's partnership with Genesis provides immediate exposure to operating margins of crypto mining and a growing portfolio of coins. That makes this a unique global company out of the gate.

Bitcoin and all the other cryptocurrencies are gaining momentum, which is evident by the increasing trading volumes. The traction in cryptocurrencies space continues to impinge the physical gold market and banking industry and with the huge funds on the sidelines waiting to be able to get exposure to the sector. When this comes in, it could be a huge step forward for cryptocurrencies.

Where are cryptocurrencies headed and a full review of GROW in this report: READ MORE.

Copy and paste to your browser may be required to view the report - http://tradersnewssource.com/grow/.

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