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US Bank Is Bringing Bitcoin to Its Wealthiest Clients

Published 08/03/2021, 12:02 PM
Updated 08/03/2021, 12:30 PM
© Reuters.  US Bank Is Bringing Bitcoin to Its Wealthiest Clients

  • Wells Fargo (NYSE:WFC) will bring Bitcoin and other cryptos to its wealthiest clients.
  • The firm is the next among many traditional financial companies to embrace cryptos.
  • Darrell Cronk says cryptos have now matured to be considered a legitimate investment option.

The heavy-weight champion in US banking — Wells Fargo will soon be bringing Bitcoin (BTC) and crypto options to its wealthiest customers. Presently, based on the brand’s investments and wealth management, it oversees $2 trillion in assets.

This decision came from a company agent who delivered the news to Business Insider. In fact, the information came as a follow-up to an interview from May. Until now, all the public knew was that an actively managed crypto product would be coming soon.

The interview was between Business Insider and the President of Wells Fargo Investment Institute —

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