|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||11.16 - 12.60|
|52-week range||6.85 - 38.00|
|Beta (5Y monthly)||2.96|
|PE ratio (TTM)||3.25|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Venture capitalists bet big on crypto in 2021, plowing more cash than ever into emerging companies in the sector. Startups in the cryptocurrency and blockchain space were powered by a record $33 billion in VC funding last year – exceeding flows from all prior years combined.
More traditional hedge funds are looking to ride the crypto boom as regulation looms and investment-grade infrastructure shapes up for the emerging asset class.
Paxos Co-Founder and CEO Charles Cascarilla joins Yahoo Finance Live to discuss his testimony to Congress on cryptocurrency, the future of regulation on digital assets, and the implementation of stablecoins.