Equities Research Firm Wedbush Sells Reports for Bitcoins
J. P. Morgan may be highly skeptical about the prospects for bitcoin, but at least one financial research firm is behind the virtual currency. Institutional brokerage Wedbush Securities has become the first to accept bitcoin payments in the US. Los Angeles-based Wedbush has thus far published two reports on bitcoin through its Wedbush Equity Research operation. At the start of December, it released "Bitcoin: Intrinsic Value As Conduit For Disruptive Payment Network Technology". It followed this up with "Digitizing Trust: Leveraging the Bitcoin Protocol Beyond the Coin" a month later. Gil....
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One of the leading financial services group in the United States, Wedbush Securities, announced on Friday that they would be accepting bitcoin payments for their equity research reports, which many financial professionals on Wall Street have come to rely on. The company has set up a dedicated page at wedbush.com/bitcoin where they are selling their reports in exchange for the digital currency. "We have been observing a great deal of entrepreneurial activity in digital currency, and the trend is only accelerating. We want to signal to the market our position and help lead the way in....
Noted investment services provider and research firm Wedbush Securities has announced its first investment in the bitcoin ecosystem, contributing an undisclosed sum to newly launched US bitcoin marketplace Buttercoin. One of the more vocal research institutions on the subject of bitcoin globally, Wedbush has long been bullish on digital currency while largely refraining from issuing any direct financial support to the ecosystem. Buttercoin CEO Cedric Dahl framed the funding as proof that institutional players on Wall Street are increasingly interested in supporting the bitcoin ecosystem,....
Wedbush Securities, a leading financial service provider, has announced a relationship with Bitcoin trading platform, Buttercoin. This relationship will extend the company's reach into the sphere of cryptocurrency technology. The investment amount made by Wedbush Securities is undisclosed. Buttercoin's platform allows users a fast, easy, and safe way to trade Bitcoin. Also read: Mozilla Firefox Internet Browser Doubles-Down on Internet Privacy by Partnering With Tor Project. Wedbush Continues Leading Finance Firms Into Bitcoin. Sheri Kaiserman, Head of Equities at Wedbush Securities told....
At the beginning of 2014, Wedbush Securities, a financial services and investment firm, decided to accept Bitcoin. A month later, the company released a research paper saying that speculation and trading on Bitcoin’s volatility, attributes regarded by most as holding back the currency, were actually its first killer app. The paper also noted that the currency would either be worth zero dollars or a million dollars. Since then, the institution has only increased their involvement in the digital currency. In November 2014, Wedbush invested in Buttercoin, a US Bitcoin exchange, which was....
Gil Luria from the WedBush Securities describes the future of bitcoin and blockchain technology on Bloomberg. While Bitcoin still receives a cold shoulder from many mainstream banking and financial institutions, its underlying technology has become the talk of the town. Blockchain technology is now being increasingly recognized by many industries, most of whom have already taken enough interest to invest time and money in its research. As a part of its coverage into bitcoin and blockchain technology, Bloomberg has interviewed Gil Luria from Wedbush Securities about the future of blockchain....