A look at NFTs, or non-fungible tokens
âI don’t think too many people in the traditional financial world are losing sleep because I think they’re fairly dismissive of the technology because they don’t understand what’s about to happen to themâ: Simon Dingle â founder and CEO, Inves Capital. 09:29
SIMON BROWN: I’m chatting with Simon Dingle. He is Inves Capitalâs founder and CEO. He also wrote the book In Math We Trust: The Future Of Money, which is around crypto generally.Â
I want to talk to him about NFTs, non-fungible tokens. Before I get Simon on, what does fungible mean? Fungible is currencies â all the units are the same; equal they can be, they are fungible. Non-fungible is the opposite. It’s unique. It cannot be replicated.Â
South African investment funds could soon be buying Bitcoin
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Institutional investors in South Africa are considering diversifying their portfolios to include digital assets once the required regulation is in place.
This is according to cryptocurrency expert Simon Dingle, who told MyBroadband that he had seen increased interest from local institutions in adding Bitcoin to their portfolios.
Dingle is the author of In Math We Trust and the founder of cryptocurrency startup Venox, a private digital asset custody and execution company focused on the South African market.
“We are getting an increasing number of calls from institutional investors considering Bitcoin as an asset class,” Dingle said.