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The Mainstream Media Narrative Shifts as Deutsche Bank and Morgan Stanley Come to Bitcoin

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Today on the Brief:

  • A follow-up on celebrity in crypto
  • Dapper Labs and BlockFi raising at multibillion dollar valuations
  • Cathie Wood and ARK increase their bitcoin position

Our main discussion looks at the latest institutional bitcoin news:

  • Deutsche Bank – the world’s 21st largest – quietly revealed a digital asset custody program with much bigger ambitions in a December 2020 World Economic Forum report 
  • Bloomberg is reporting that Morgan Stanley’s $150B investment unit is considering a direct bitcoin position
-- Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io -- Enjoying this content?   SUBSCRIBE to the Podcast Apple:  https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=   Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW   The Breakdown is produced and distributed by CoinDesk.com
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