

Wall Street goes all in on great crypto comeback fueled by Trump
The dust up between FTX founder Sam Bankman-Fried and Terry Duffy, the boss of the US’s largest futures and options exchange, was emblematic of Wall Street’s skepticism then about a new generation promoting digital assets and the crypto bigwig’s plans to change the way derivatives trade.
But that was then. This year, as executives from the world’s largest exchanges and trading firms prepared to head to the Futures Industry Conference in the crypto hotbed of Florida, President Donald Trump announced he was creating a strategic Bitcoin reserve — a move that’s symbolic, but one that effectively entrenches the legitimacy of digital assets as mainstream financial instruments.
For Wall Street firms that had only dipped their toes in the crypto space, the next four years present an opportunity to make inroads in an industry that’s swiftly gained momentum amid the Trump administration’s embrace. On Thursday, Bloomberg News reported that World Liberty Financial Inc., one of the Trump family’s crypto ventures, has discussed doing business with the world’s largest digital-asset exchange, Binance Holdings Ltd.
Did you Know?
The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having
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