Solid Push Today Despite Market Conditions $FRNT.V is pushing up 11.6% today despite the markets dipping once again. Crypto and Web 3.0 assets are still in focus because of the technological potential beyond it being an asset. This is why so many institutions have been increasing their interest in the space. A crypto brokerage firm, FalconX, just raised $150M at a valuation of $8B showing the continued interest in the space from institutional investors.
For those who aren’t too familiar, $FRNT.V is a company that assists institutional investors with entering the crypto space through various services and products. Their deliverable services include the OTC Trading Desk and Treasury Management. Both are built to create liquidity for holders of large amounts of cryptocurrency. $FRNT.V’s also has a wide variety of OTC Derivatives designed to offer access to components of cryptocurrency trading, such as short selling or peer-to-peer lending. Plus, they also have their own SEM Platform for clients to have 24/7 market access. Finally, they offer research and consulting services for clients. Their 24 Hrs in Crypto newsletter is freely offered as part of the research if you're interested, I’d highly recommend checking it out (https://www.frnt.io/).
Overall, with the trajectory that $FRNT.V is going with the recent OSC Portfolio Management License, DTC eligibility, and David Washburn as the new president, I'm confident in the company’s ability to scale. The stock bounced off the $0.80 bottom recently, and it looks like the uptrend is just beginning here. I’ll be keeping an eye out here.