BREAKDOWN: Is This the Beginning of the Next Institutional Bitcoin Wave?

BREAKDOWN: Is This the Beginning of the Next Institutional Bitcoin Wave?

By CoinDesk

Morgan Stanley, New York Life, JPMorgan and Goldman Sachs are just some of the traditional finance institutions in the crypto news this week.

This episode is sponsored by Nexo.io and Casper.

On The Breakdown’s “Weekly Recap,” NLW looks at news of institutional involvement in the bitcoin and digital asset space including:

New York Life investing in and joining the board of directors of NYDIGJPMorgan introducing a “cryptocurrency exposure basket” debt productGoldman Sachs’ COO saying demand is rising 

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Nexo.io lets you borrow against your crypto at 5.9% APR, earn up to 12% on your idle assets, and exchange instantly between 75+ market pairs with the tap of a button. Get started at nexo.io.

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Launching in mid-March, Casper is the future-proof blockchain protocol that finally address the blockchain trilemma. Learn more at Casper.Network.

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Image credit: metamorworks/iStock/Getty Images Plus

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