Home News LionTree, a Wall Street financial planner, is looking into cryptocurrency payments

LionTree, a Wall Street financial planner, is looking into cryptocurrency payments


Although LionTree is a small company in terms of size, it has been involved in some of the year’s most notable media partnerships and acquisitions. The firm was instrumental in WarnerMedia‘s merger with Discovery Inc. Amazon’s acquisition of MGM Studios included the financial counselling firm. Snap Inc.’s initial public offering also assisted by LionTree.

The company’s CEO discusses cryptocurrency as a tactical weapon for greater growth

The well-known financial advisor and financial institution, is investigating cryptocurrencies as a payment method. The firm involved in some of the most noteworthy Wall Street acquisitions and IPOs. Chairman and CEO Aryeh Bourkoff discusses crypto as a possible weapon for individual empowerment in his year-end letter, as well as some of the major trends in crypto, such as decentralised finance (DeFi) and nonfungible tokens (NFTs).
This year, the business also aided Amazon in its purchase of MGM Studios and is investigating cryptocurrency payment alternatives.

“Impossible to avoid the crypto field”

Bourkoff said”By 2021, crypto had made itself unavoidable, with a market cap exceeding $3 trillion at times,” he explained that it was due to individuals with more cash than ordinary trying to find a place to protect their money from inflation, discover better profits, and secure dividend payouts.

While praising the crypto market’s achievements and milestones in 2021, Bourkoff also pointed out some of the problems and challenges it faces. He believes that technology should be more energy-efficient, with a focus on creating more user-friendly displays.

Bourkoff also hinted that in the near future, the company will look into crypto payment methods for its services. “We’re now exploring ways to start taking crypto as payment for our services. And we might even create our own LionTree token of trust in the not-too-distant future. As our ecosystem grows and our partnerships continue to mature,” he added.

Previous articleGoldman Sachs says blockchain is key to metaverse
Next articleUS Financial Stability Oversight Council identifies stablecoins and cryptos as threats to financial system