Other notable corporate investors include BlackRock, Morgan Stanley, Samsung, and Goldman Sachs, according to a report from Blockdata.
The move comes one week after its partnership with Coinbase to provide institutional clients with crypto trading access.
The announcement is the “most bullish news” ever for long-term hodlers, one analyst argues as Barry Silbert heralds the arrival of Wall Street.
Despite a handful of the top-80 coins gaining 12% or more over the past week, Tether’s premium in Asia and futures markets activity show buyers lacking confidence.
BTC price bulls fail to take the market higher as the week continues, but buyer interest is giving hope.
The world’s largest financial asset management firm is making a major push into digital assets, beginning with Bitcoin.