Bank of America Identifies JP Morgan, Morgan Stanley, PayPal, and Walt Disney as “Digital Assets Exposed Companies”

6 Oct, 2021

Who Bank of America Identifies as “Digital Assets Exposed Companies”?

Bank of America has listed 20 publicly traded businesses in the United States with digital asset exposure that it rates as "Buy" or "Neutral."

The companies are those that “may see market value expansion due to digital asset exposure,” BofA said in a report led by Alkesh Shah, head of the bank’s global cryptocurrency and digital asset strategy. The bank launched its digital asset research coverage on Monday.

Crypto exchange Coinbase Global, banks JP Morgan Chase, Morgan Stanley, and Signature Bank, financial technology business PayPal, and energy corporations Exelon Corporation, NRG Energy, and Vistra Energy are among the companies that have been exposed to digital assets.

Fox Corporation, Walt Disney Company, and Warner Music Group were among the companies on the list.

The digital asset world is too vast to ignore, according to the research, which claims that decentralized banking applications and non-fungible tokens represent "the greatest innovation." According to the study, the greatest near-term risk is regulatory uncertainty.

"In the not-too-distant future, you may use blockchain technology to unlock your phone; purchase a stock, house, or fraction of a Ferrari; earn a dividend; borrow, loan, or save money; or even pay for petrol or pizza," according to the paper.

According to the study, venture capital investments in digital assets and blockchain totaled $17 billion in the first half of 2021, up from $5.5 billion for the entire year of 2020.

Bitcoin has risen 4.8 percent in the last 24 hours, trading at $52,403, after SEC Chairman Gary Gensler stated on Tuesday that the United States will not prohibit cryptocurrencies as China has done. "I believe our approach is actually pretty different," Gensler said in response to a question from North Carolina Rep. Ted Budd on whether the US will adopt similar crypto bans as China. Ether is currently worth $3,445, up 0.1 percent in the last 24 hours.

Subscribe Our Newsletter

A Strong Stock-Market Rally Could Be Coming Later This Year
A Strong Stock-Market Rally Could Be Coming Later This Year

It is extremely difficult to correctly time the stock market. However, the chances may be in your favor in 2022. Several historical trends are pointing to a significant rebound later this year.

Stocks
Credit Suisse Weighs New Job Cuts Round After Loss Warning
Credit Suisse Weighs New Job Cuts Round After Loss Warning

After the lender's shares fell by about 7.6% in the wake of the profit warning, the stock recovered and advanced as high as 5.8% following a report on the Swiss blog Inside Paradeplatz in which an unnamed insider cited that State Street Corp. may make an offer to buy Credit Suisse.

Banks and Finance
Get the ultimate solution: B2BinPay Get the ultimate solution: B2BinPay
Sponsored
Tamta

Forex Trading: A Beginner’s Guide
Forex, an abbreviation of "foreign exchange," is something we encounter frequently. When traveling abroad and exchanging your money for the local currency, you simply make a Forex exchange.

discover
5 Most Successful FinTech Industry Startups in 2022

Constantine

5 Most Successful FinTech Industry Startups in 2022

The financial services industry is undergoing a paradigm shift as a result of technological advancements, which are actively displacing traditional players and traditional business models. Significant changes are achieved through the integration of new financial solutions, reduction in the cost of certain functions, improvement in efficiency and quality of business, and a positive impact on the sustainability of core business development.

FinTech Awards
Contact us bg

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Successful!
    Thank you for your request.
    We will contact you shortly.
    Close

    Constantine

    Best DAO Projects in 2025

    Best DAO projects in 2025

    Alexander

    Crypto Nodes That Pay: Your 2025 Guide to Top Passive Income Opportunities in Crypto

    crypto nodes that pay

    Alex

    Pi Network: Scam or Groundbreaking Crypto? The Full Analysis

    Pi Network Explained

    Constantine

    Triple Net Lease: Meaning, Benefits, and Strategies Explained

    Triple Net Lease

    Constantine

    Hanging Man Pattern: How to Identify and Trade It Effectively

    Hanging Man Pattern

    Alex

    5 Infinite Banking Mistakes That Could Cost You Thousands

    Infinite Banking Mistakes to Avoid

    Aleksander

    Solana Firedancer: Solving Solana’s Biggest Problems with a New Engine

    Solana Firedancer explained

    Alexander

    What Is an Interest Coverage Ratio? How to Use This Financial Metric to Evaluate Company Health

    Interest Coverage Ratio Explained

    Hazem

    After-Hours Trading: Can You Trade After Financial Markets Close?

    After-Hours Trading Explained

    Alexander

    How to Scale a Crypto Exchange Business and Stay Competitive

    how to scale crypto exchange business

    Constantine

    Crypto CrypticStreet Review: The Future of DeFi and Secure Crypto Trading

    Crypto CrypticStreet Review: The Future of DeFi and Secure Crypto Trading

    Alexander

    Bitcoin Power Law Explained: How It Shapes BTC’s Long-Term Growth

    Bitcoin Power Law Explained: How It Shapes BTC’s Long-Term Growth

    Hazem

    Megaphone Pattern​: What Is It? How to Use It In Trading

    Megaphone Pattern​: How to Read & Trade with It

    Constantine

    Top 5 Liquidity Bridge Providers in DeFi

    Top 5 Liquidity Bridge Providers in DeFi

    Hazem

    Max Funded IUL Explained: Is It a Legitimate Financial Strategy?

    Understanding Max Funded IUL

    Alexander

    Tax Refund Timeline: When Will You Get Your Tax Return?

    how long does it take for tax refund

    Constantine

    Crypto Liquidity — What is it, and How to Measure It?

    What is Crypto Liquidity and How to Measure It?

    Constantine

    AI in Finance: A Game-Changing Trend Shaping the Industry

    AI in Finance

    Hazem

    5 Ways to Make Money with ChatGPT and Build Your Wealth

    Make Money with ChatGPT

    Constantine

    Top AI Companies to Invest in April 2025

    Top AI Companies to Invest in March 2025

    DeepSeek vs ChatGPT: Which AI Technology is Better For You?

    DeepSeek vs ChatGPT: Feature-by-Feature AI Tool Comparison

    Constantine

    Top Solana Meme Coins in 2025: Best Presales and Where to Buy

    Solana Meme Coins 2025

    Alexander

    How Renewable Energy Stocks Can Supercharge Your Portfolio

    How Renewable Energy Stocks Supercharge Your Portfolio

    SEC Crypto Regulations: What Financial Advisors Need to Know

    SEC Crypto Regulations: Insights for Financial Advisors
    liquidity-provider-logo
    • News
      • Stock Market Forecast
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
      • AI
      • Technology
      • DeFi
      • NFT
    • Articles
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
      • Blockchain
      • Investing
      • NFT
      • DeFi
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
      • White Label Brokerage Platforms
      • Broker CRM Platforms
    [email protected]

    © 2024 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy
    This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.