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Cowen to Offer Spot Crypto Trading in Early Move by Wall Street

  • Bank aims for more than 100 staff in new digital asset unit
  • Future plans include derivatives, lending, DeFi and NFT access
Bloomberg business news
Cowen's Digital Asset Unit to Offer Spot Crypto Trading

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Boutique investment bank Cowen Inc. started a digital asset unit offering institutional clients access to spot cryptocurrency trading, a step that puts it at the front of Wall Street’s push into the expanding industry.