This advertisement has not loaded yet, but your article continues below.
There is a fair objection to pro-Wall Street logic. Much of what traditional financial institutions are building has less to do with Bitcoin itself than with the blockchain technology underneath it. JPMorgan Chase & Co.’s tokenized money market fund runs on Ethereum. The stablecoin push — led by Circle Internet Group Inc. and others — could thrive even if Bitcoin never recovers. Digital infrastructure can grow without Bitcoin’s price growing alongside it.
This news is powered by Financial Post 
