Wall Street sees opportunities in custody, asset management
Exchange revenue could rise to as much as $4 billion in 2018
A coin representing Bitcoin cryptocurrency sits on a computer circuit board in this arranged photograph in London, U.K.Photographer: Chris Ratcliffe/Bloomberg
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?”
