With Bitcoin surging, investors are turning to digital art that, like the currency, has no physical presence.
“Crypto is being institutionalized at an accelerating rate,” investor Mike Novogratz said.
Some observers maintain that Bitcoin will remain a speculative asset accepted by only a small number of companies.
Including Coinbase, at least eight crypto firms are eyeing initial public offerings.
Greater oversight could lead to greater mainstream adoption, Gensler said in a 2018 interview.
Massachusetts Mutual Life is the latest mainstream firm to dabble in digit assets.
Fidelity said institutional-investor interest in digital currencies is rising.
One in six dry cleaners have closed or gone bankrupt in the U.S. already.
The so-called decentralized exchange, or dex, has become the hottest trading platform in decentralized finance, or DeFi.
MicroStrategy Inc.’s chief executive believes Bitcoin is less risky than holding cash or gold.
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