Crypto Institutional Adoption Appears to Be in the Early Phases: JPMorgan

Institutional adoption of crypto still looks early, but momentum is building, according to a Wednesday report from Wall Street bank JPMorgan. Bullish’s (BLSH) August IPO and the passage of the GENIUS Act have sharpened focus on the sector, with regulatory clarity removing one of the biggest hurdles for large investors, wrote analysts led by Kenneth Worthington. Bullish is the parent company of CoinDesk. Signs of engagement are emerging, the analysts continued. The Chicago Mercantile Exchange reported rec ...