Wall Street Crypto FOMO Now Grips Fidelity Too
From Citadel to Fidelity, powerful players in traditional finance are moving in on crypto.
Photographer: Michael Nagle/BloombergIn this issue of the Bloomberg Crypto newsletter, Emily Nicolle takes stock of a June wave of crypto incursions by some of the biggest names in traditional finance
While crypto investors are tying themselves up in knots over the ongoing US crackdown, a flopped NFT collection and what’s next for FTX, powerful players in traditional finance are quietly laying the groundwork for a possible industry takeover.