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The Nexus
BUSINESSJun 9 · 16:01 UTCAXIOSCourtenay Brown

Exclusive: Wall Street embraces crypto it once feared

Traditional financial firms are rapidly embracing cryptocurrency, driven by growing demand from retail and institutional investors. Kraken's co-CEO David Ripley predicts nearly all financial services companies will offer crypto assets like Bitcoin and Ethereum. Nasdaq's CFO Sarah Youngwood notes the market's readiness for large IPOs, including SpaceX's anticipated $1.7 trillion valuation listing.

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