Wall Street Invests $20M to Bridge Blockchain With Capital Markets

Despite the bear market, and rising camp of naysayers predicting Bitcoin’s demise, Wall Street is steadily plowing funds into crypto. The latest blockchain company to catch investors’ eyes is Symbiont, a New York startup bringing blockchain tech to capital markets. 2019 The Year of Institutional Investment Bitcoinist reported yesterday that Nasdaq is positively bullish on […]

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Largest Wall Street Crypto Firm Lost $134 Million in Q1 2018

Galaxy Digital — a full-service digital assets merchant bank launched by ex-Goldman Sachs macro trader Michael Novogratz — took a financial beating in the first fiscal quarter of 2018.  Rekt… The New York-based cryptocurrency-focused merchant bank disclosed its financial report for the first time this week, and the results weren’t great. As reported by CNBC, […]

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The Crypto Compromise: Learning to Love the Corporate Culture

Antonio Grumser · May 20, 2018 · 10:00 am If crypto startups want to distinguish themselves amidst the crowd of similar companies, they will need to re-think their partnerships. Although Wall Street is the source of critique from crypto-evangelists fighting the centralized system, it is also home to the power and capital that they need. […]

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Goldman Sachs Will Trade Bitcoin, Bitcoin Futures Coming ‘Within Weeks’

Wilma Woo · May 3, 2018 · 11:00 am Wall Street investment bank Goldman Sachs has appeared to confirm it will offer Bitcoin trading. Goldman Exec: Bitcoin ‘Is Not A Fraud’ Speaking to the New York Times May 2, Goldman executive Rana Yared said that after being “inundated” by client requests, the bank had decided […]

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