Digital Asset Banking: Traditional Allies
Quick Take
- Client demands push Wall Street investment banks to onboard new products to deliver cryptocurrency exposure
- BNY Mellon, Citi, J.P. Morgan, Morgan Stanley, Goldman Sachs, and Wells Fargo all have dedicated blockchain and digital asset divisions.
- The widespread increase in cryptocurrency popularity during 2021 led many banks to allow clients to engage in cryptocurrency investment
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Author: Lucas Jevtic
