Crypto currency

Report: Swiss Investment Bank UBS Planning Cryptocurrency Offerings

Major Swiss investment bank UBS Group AG is reportedly planning to offer cryptocurrency investments, likely including bitcoin exposure, to wealthy clients.

“The Swiss firm is exploring several alternatives for offering the asset class, people familiar with the plan said,” according to Bloomberg. “Any investment offering would be a very small portion of the clients’ total wealth because of the volatility, while options include investing through third party investment vehicles, one of the people said.”

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