Bank of America (BofA) has published its first research coverage focused on cryptocurrencies and other digital assets.
The ‘digital asset universe is too large to ignore’, the bank's new cryptocurrencies and digital assets team said in its report, according to Reuters.
Despite wild price swings, digital assets such as Bitcoin have seen a broad institutional interest in 2021, with large Wall Street banks such as Goldman Sachs Group having restarted their crypto trading desk.
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