US multinational investment bank Cowen Inc. for corporate customers to spot cryptocurrency trading launched a digital asset unit that offers access.
With this move, Cowen Inc. It was one of the first banks to launch spot cryptocurrency trading on Wall Street.
According to Bloomberg’s report, Cowen Inc corporate customers Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) 16 in total, including of cryptocurrency will allow him to trade.
Coewn Inc has established a new branch called Cowen Digital for trading cryptocurrencies.
The bank offers digital money custodians to keep the cryptocurrencies received by its customers. Signed with Standard Custody & Trust Co.
Cowen CEO Jeffrey M. SolomonStating that the company will be at the forefront of innovation, he added:
“Thanks to our newly established unit, Cowen Digital, and our institutional quality, our clients now have access to the crypto and digital asset markets.”
Stating that they have the advantages of making a big move in the crypto money industry, the co-chairman of the bank, Dan Charney, said that Cowen, which is still a small bank, can move quickly in emerging sectors such as digital assets.
last May crypto custody service Cowen Inc, which has started to offer Cryptocurrency derivatives and futures trading Besides the DeFi platforms and to NFTs They also said they plan to offer lending and institutional access.
*Not investment advice.