Why Citi believes blockchain is ‘here to stay’ on Wall Street
When Satoshi Nakamoto introduced Bitcoin to the world in 2008, the pseudonymous coder envisioned his decentralized currency as a reaction to the financial crisis that paralyzed the global economy. But nearly two decades later, the once renegade crypto industry has become increasingly intertwined with Wall Street. On the latest episode of Fortune’s Crypto Playbook (which you can find on Spotify, Apple and YouTube), Citi’s head of enterprise digital assets Artem Korenyuk says that there’s increasing “synergy” between the two sectors.
After the Wild West early days of crypto, Wall Street became increasingly interested in digital assets as Bitcoin’s price rose into the hundreds, and then thousands of dollars, and other…