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

Mark Zuckerberg’s Metaverse May Take a Decade to Bloom. Wall Street Still Celebrated
Mark Zuckerberg’s Metaverse May Take a Decade to Bloom. Wall Street Still Celebrated

The expansion into the metaverse is likely to take longer to make a profit than traditional software, and it may take a decade before the business is capable of truly raking in cash, said Mark Zuckerberg, CEO of Meta Platforms. Wall Street is still optimistic.

Companies
Zuckerberg and Facebook Refuse To Give Up On the Metaverse

Milena

Zuckerberg and Facebook Refuse To Give Up On the Metaverse

The social media giant maintains the metaverse as a top priority despite mounting losses.

Companies
B2BROKER Liquidity B2BROKER Liquidity
Sponsored
Tamta

How to Create a Cryptocurrency
As the world grows more digital, the desire for new and innovative technology has increased dramatically.

discover
5 Benefits of Accepting Crypto Payments for Your Business

Constantine

5 Benefits of Accepting Crypto Payments for Your Business

Cryptocurrency today is not just a popular word in the news headlines. More and more people are using digital assets in practice.

Crypto Payments
Contact us bg

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiriesb2broker

    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

    Hazem

    MetaTrader vs cTrader: Which Trading Platform Shall You Choose?

    MetaTrader vs cTrader: The Full Breakdown

    Сonstantine

    Will Dogecoin Reach $1? Tokenomics and Price Analysis

    Will Dogecoin Reach 1 Dollar Analysis

    Сonstantine

    How to Get a Crypto Exchange License?

    How to Get Crypto Exchange License

    Сonstantine

    Best Crypto to Buy Now: Guide for Investors

    Best Crypto To Buy Now

    Hazem

    Grok vs ChatGPT: What’s the Best AI Assistant You Need in 2025

    Grok vs ChatGPT

    Сonstantine

    How to Choose the Right Liquidity Provider for Your Brokerage

    How to Choose the Right Liquidity Provider for Your Brokerage

    Сonstantine

    Low-Latency Trading Defined: Speed, Strategy and Technology

    Low-Latency Trading Explained

    Hazem

    How Liquidity Depth Affects Slippage in High-Volume Trading

    Liquidity depth and slippage in trading

    Hazem

    What is FIX API Liquidity Connection and How Does it Power Institutional Trading?

    FIX API in institutional trading

    Сonstantine

    OTC Trading Strategies and Technologies to Succeed in Over-the-Counter Markets

    OTC Trading Strategies

    Alexander

    What is OTC Trading? A Complete Guide for 2025

    what is OTC

    Alexander

    Synthetic Futures: A Trader’s Guide to Replicating Positions with Options

    How to Trade Synthetic Futures

    Сonstantine

    Order Book Depth: What It Is And Why It Matters?

    Order Book Depth What It is And Why It Matters

    Alexander

    Spot vs Perpetual Futures: Which Is Right for You?

    Spot vs Perpetual Futures explained

    Hazem

    5 Reasons Traders Are Switching to Perpetual Futures

    5 Reasons to Switch to Perpetual Futures

    Constantine

    Top 3 Liquidity Challenges Facing New Exchanges and How to Solve Them

    Top 3 Liquidity Challenges Facing New Exchanges Today

    Constantine

    Financial Planning in the Cryptocurrency Era — Master Crypto and Digital Asset Strategies

    Financial Planning in the Cryptocurrency Era

    Hazem

    Best Platforms to Trade Perpetual Futures in 2025

    Best platforms to trade perpetual futures in 2025

    Alex

    Top 10 Fintech Website Development Agencies for 2025

    Best Fintech Website Development Agencies for 2025

    Сonstantine

    Internal vs External Range Liquidity In ICT Trading Explained

    Internal vs External Range Liquidity In ICT Trading

    Constantine

    Portfolio Backtesting — Tools, Metrics, and Methods Explained

    Portfolio Backtesting

    Сonstantine

    ICT Trading Explained: Smart Money Concepts, Tools and Setups

    ICT Trading Explained

    Сonstantine

    CFD Trading Strategies: A Practical Guide to Risk and Execution

    CFD Trading Strategies

    Alexander

    What is a Fair Value Gap? A Guide to Trading Market Imbalances

    What is Fair Value Gap
    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.