Wall Street’s bold crypto foray faces 10x custody costs but offers diversification

Traditional Wall Street players might continue their foray into crypto despite the market becoming increasingly competitive. This comes as the S&P 500 and the Nasdaq Composite indices maintain a neutral correlation with  Bitcoin. A Bloomberg report finds that crypto custody is more complex and expensive than managing stocks and bonds. Despite regulatory hurdles, new partnerships […] source: https://www.cryptopolitan.com/wall-streets-bold-crypto-foray-faces-10x-custody-costs-but-offers-diversification/