There are lots of stocks piggybacking on the Bitcoin Boom lately, and many have surged exponentially by just putting the word blockchain in their name.Gain Capital is set to capitalize on the Bitcoin
Gain Capital Holdings Inc. (GCAP), a relatively small investment brokerage firm based out of the U.S. has seen an unusual uptick in volume the past few sessions. The increased interest in the stock is due to the company’s recent announcement that it has rolled out Bitcoin (COIN) trading on City Index, its FCA regulated service in the U.K. This allows Gain Capital to capitalize on the booming Bitcoin trading market not only in England and in Europe but also in Asia, Middle East, as well as other regions worldwide.
Regardless whether the price of Bitcoin is going to continue to skyrocket, trade sideways, or decline, it appears that BTC trading is here to stay for the foreseeable future. It is a social phenomenon, a mania of sorts, possibly even a bubble, but with its increasing popularity Bitcoin trading represents an enormous opportunity for Gain Capital. The firm appears to be in a prime position to capitalize on the “Bitcoin Boom”, and have its share price gain significant value in the process.
