Billionaire Mike Novogratz’s crypto investment bank, Galaxy Digital Capital Management, has announced it is repositioning its advisory business from focusing on small ICO advisory and blockchain consulting to instead serve larger, more institutional clients in the space.
Despite its recent negative comments on cryptocurrencies, leading global investment bank Goldman Sachs is considering a plan to offer custody for crypto funds.
The road to shaking its history of shady transactions and fraud is proving long for cryptocurrencies, but Nasdaq Inc. thinks it can help get the industry on the path to legitimacy.
Bitcoin took a significant step toward becoming a mainstream financial instrument this week, as two institutional investors completed the first-ever exchange for physical (EFP) transaction involving bitcoin futures.
Goldman Sachs is planning to launch a new cryptocurrency market on Wall Street by offering Bitcoin futures contracts, a move that could strengthen institutional adoption of digital assets.