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My understanding is that banks have invested directly to some extent in the safer end of crypto (Bitcoin) and indirectly on more risky stuff, through funding cr
by sdiacom 4y ago
My understanding is that banks have invested directly to some extent in the safer end of crypto (Bitcoin) and indirectly on more risky stuff, through funding crypto hedge funds and the like.
I don't have any sources that I trust at hand, but a quick Google search shows aggregated data about investment banks and the assets they hold on the crypto economy: https://www.blockdata.tech/blog/general/top-banks-investing-in-crypto-and-blockchain-may-2022-update https://www.blockdata.tech/blog/general/top-banks-investing-...
For better or for worse, it doesn't seem big enough of an investment to actually bring down traditional banking.