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| Wells fargo crypto report | But he still sees crypto as an evolving asset that requires deeper due diligence, labeling it an "alternative investment" rather than a "strategic allocation. The bank was the first to provide wealthy clients with such exposure, according to CNBC. Credit: Shutterstock. Additionally, the team also views the long-term supply and demand dynamic of most cryptocurrencies as conducive to their stability. So what's changed, and why is the team diving into crypto now? US Markets Loading Wells Fargo gets a cut of sales through two subsidiaries. |
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PARAGRAPHThe Wells Fargo Investment Institute, the research arm of Wells Fargo Wealth and Investment Management, has released a vargo highlighting the potential of cryptocurrencies as an early-stage internet-like investment opportunity.
