Wall Street vets vie to be BlackRock of crypto
Fund launch uses fundamental analysis to identify value propositions in high-risk industry
Much like the 19th-century prospectors who flocked to California in search of gold, today’s pioneers are likely to be bitcoin devotees seeking their fortune in finance’s new frontier. But, like the Wild West, cryptocurrencies have proven to be a risky, volatile arena, ready to trap the unwitting investor.
Criticism of the crypto industry as lawless and, even, as a haven for money launderers and criminals has not deterred mainstream companies from preparing new ventures. Last October, Boston
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