BREAKDOWN: A $1.5T Asset Manager Is Getting Into Bitcoin

As bitcoin hits $50,000 again, more news of institutional adoption and mainstreaming. 

This episode is sponsored by NYDIG.

Today on the Brief:

  • Binance dinged by Singapore authorities while discussing Binance.us going public 
  • Former CFTC Chair Giancarlo leaves BlockFi board of directors after only four months 
  • SEC takes action against … Bitconnect?

Our main discussion: Franklin Templeton has posted a job listing for a crypto trader, while Vast bank now offers bitcoin buying and selling directly from FDIC banking. NLW explores what’s next in the bitcoin market cycle. 

NYDIG, the institutional-grade platform for Bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW.

“The Breakdown” is written, produced by and features NLW, with editing by Adam Levine and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Tidal Wave” by BRASKO. Image credit: Malte Mueller/iStock/Getty Images Plus, modified by CoinDesk.

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