- Pair of big banks broadens their crypto interests.
- Wells Fargo (NYSE:WFC) and JPMorgan (NYSE:JPM) both made Bitcoin (BTC) fund registration with the SEC.
Pair of big banks broaden their crypto interests. Notably, Wells Fargo and JPMorgan both made Bitcoin (BTC) fund registration with the Securities and Exchange Commission (SEC).
Moreover, Wells Fargo partners with the New York Digital Investment Group (NYDIG). NYDIG is a leading technology and financial services company, and also FS Investments on the offering.
More so, Wells Fargo will receive an unknown percentage of sales via two of its subsidiaries. These include Wells Fargo Clearing Services and Wells Fargo Advisors Financial Network. Also, JPMorgan collaborates with NYDIG, receiving a percentage of sales via subsidiaries. Neither fund had completed any sales, at the time of the filings.
In a...