That revelation, along with the recent news that “Big Four” accounting firm PwC had agreed to audit the Tezos Foundation, which oversees the assets raised during the cryptocurrency’s then-record initial coin offering (ICO), is the latest sign that established financial services firms are recognizing that the cryptocurrency industry is a market that they can no longer dismiss.
Good article, shows that Fortune 500 U.S. companies are starting to move into the cryptocurrency ecosystem. With more than $10 trillion in assets, these are the type of companies that could move the price of crypto in a big way. Crypto is on a downtrend the last few days, but long term this should be big....
Read the full story here...
https://www.ccn.com/10-7-trillion-custodian-northern-trust-helping-hedge-funds-invest-in-bitcoin/