Institutional Interest in Cryptocurrencies is Growing

Financial institutions got both the message and the motivation they needed to provide backup and involve themselves as the “missing link” for securing a mainstream quality to cryptocurrencies, notably Bitcoin. During the last two weeks, more cryptocurrency-related naysayers started publicly shifting their statements and withdrawing negative opinions admitting the rise of cryptocurrency market value. The skeptics, like the juggernauts of Wall Street, started becoming firm believers. One example is Goldman Sachs, the first bank on Wall Street that publicly announced they will be extending their services by opening a Bitcoin trading unit.