“The parent company of the New York Stock Exchange has been working on an online trading platform that would allow large investors to buy and hold Bitcoin, according to emails and documents viewed by The New York Times and four people briefed on the effort who asked to remain anonymous because the plans were still confidential,”
The cryptocurrency market has become a $0.5 trillion market with barely any capital from institutional investors, endowments, and pensions. If institutional investors begin to enter the cryptocurrency market with tens of billions of dollars in new capital, it will allow the cryptocurrency market to grow at a pace that is incomparable to its growth rate in the past. It could enable the cryptocurrency market to evolve into a multi-trillion dollar market, as many investors have expected since 2016.
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