For example, the head of financial services giant Fidelity’s Global Macro, Jurrien Timmer, yesterday said Bitcoin had evolved as “digital gold.”
While U.S. financial services multinational Citi has also released a report where it said Bitcoin could be the world’s first choice currency for international trade.
Alongside the trading desk, Goldman Sachs is underwriting Coinbase’s alleged multi-billion public listing. Though unknown at press time, underwriters can earn up to 7% in fees for performing such duties.
Disclaimer: The author is invested in BTC, which is mentioned in this article.
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