Cryptocurrencies
Crypto Trading Revenue May Double, Bernstein Says
- Wall Street sees opportunities in custody, asset management
- Exchange revenue could rise to as much as $4 billion in 2018
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The reports of the death of the cryptocurrency market may really be greatly exaggerated.
That’s the view of Sanford C. Bernstein & Co. analysts, who say that revenue generated from crypto exchanges could more than double to as much as $4 billion this year even amid the collapse in the prices of digital assets, in a report titled “Crypto Trading -- the Next Big Thing is Here?”