A new analyst report from the Royal Bank of Canada thinks that with a small investment Apple could disrupt the crypto exchange space and pay for it by buying bitcoin.
This episode is sponsored by Nexo.io.
Today on the Brief:
A shifting inflation narrativeReddit raises $250M and has a $6B valuation Castle Island Ventures announces $50M fund IIOur main discussion: Might Apple by the next company to dive into bitcoin?
In the wake of Tesla’s surprise $1.5 billion bitcoin purchase announcement, many are wondering which Fortune 500 will be next.
According to a new report from the Royal Bank of Canada - the country’s largest bank with more than C$800 billion in assets - the best candidate may be Apple.
In this episode, NLW breaks down:
Why the RBC thinks Apple should build a crypto exchangeHow a BTC treasury purchase could fund itWhy the crypto exchange space and the bitcoin treasury movement are both white-hot topics of discussion right now-
Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io.
-
Image credit: David Paul Morris/Bloomberg via Getty Images
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.