Breaking News: UBS, the world's largest wealth manager, plans to enter the crypto world!
In a move that could represent a major turning point for the financial sector, Bloomberg reports that UBS Bank plans to start offering cryptocurrency trading services to its selected clients. According to sources, wealth management clients at the bank will be able to trade Bitcoin (BTC) and Ethereum (ETH).
This step by a banking giant like UBS underscores the growing importance and acceptance of digital assets in traditional financial circles.
The entry of a player of this size not only enhances legitimacy but may also open the door to a new wave of institutional investments in the crypto market.
BTC
88,259.12
-1.55%
ETH
2,929.2
-1.07%