The New York Stock Exchange brings Bitcoin to investors on Wall Street

The entry of institutional investors on the Bitcoin segment will certainly open many opportunities. Slowly but surely, it seems that Wall Street takes Bitcoin seriously. The New York Stock Exchange (NYSE) is trying something really surprising. By working with the digital currency on its own platform, it would be clear that Bitcoin will last for a long time.
Wall Street and Bitcoin
In recent years, the community has witnessed an ever closer relationship between Wall Street and Bitcoin. Although there was a lot of hesitation at first, things quickly began to accelerate. While more and more executives are leaving Wall Street jobs for Bitcoin, it is obvious that the Internet is increasingly accepted.

Moreover, banks are also interested in Bitcoin. Goldman Sachs, among others, likes the idea of ​​a crypto trading office. There are rumors about other companies that would soon be offering Bitcoin futures contracts. And as the SEC and CFTC are working hard to regulate, there are many positive changes.

Maybe the most important move is the New York Stock Exchange. The NYSE financial platform indicated that it will be launched in Bitcoin trading, LiveBitcoinNews reports. This seems to confirm that the financial sector realizes that Bitcoin has matured in recent years. The network has become more solid and other improvements will follow. In addition, investors' interest is steadily increasing.

What does NYSE intend to do?

The announcement published by NYSE has taken a lot of people by surprise, but the details are quite vague. It will not necessarily be a traditional crypto trading platform. Instead, Bitcoin will be traded as a product. That is, it will be something similar to gold or actions. If there is interoperability between these avenues, it remains to be seen.

For consumers and investors there will be something interesting. The ability to invest in more assets is a positive thing. In addition, Bitcoin's quest to be limited by construction will make it more attractive to speculators around the world.

The key question is what effect will be felt in the long run. Encryption of cryptoduites will not occur overnight. Nor will they become commonplace in the near future. Even so, NYSE is of the opinion that now is the right time to enter the crypto world. But we will have to wait a little longer until the new platform is launched.