8 March: NYDIG raises $200 million from big names Morgan Stanley and Soros Fund Management were among the big names to get behind crypto technology firm NYDIG in a $200 million raise .7 March: Chinese selfie app Meitu snaps up around $40 million in crypto The photo-retouching company Meitu, which is hugely popular in China, said it bought about $22.1 million of Ethereum’s cryptocurrency ether and $17.9 million of bitcoin.
1 March: Goldman Sachs relaunches crypto trading desk Reuters reported that Goldman would restart its crypto desk and begin dealing bitcoin futures and non-deliverable forwards for clients in March.The bank’s chief operating officer John Waldron said later in March that “client demand is rising” for bitcoin.And Goldman survey of nearly 300 clients found 40% had exposure to cryptocurrencies.
February 23: Jack Dorsey’s Square buys $170 million more bitcoin Twitter boss Jack Dorsey’s fintech company Square bought another 3,318 bitcoins for $170 million.That took its holdings to more than 8,000, worth upwards of $450 million on 12 March.Burhaan Kinu/Hindustan Times via Getty Images February 18: First North American bitcoin ETF launches Canada has now approved 3 bitcoin ETFs , but the US is yet to approve any.Experts say ETFs could spur further rises in the bitcoin price by allowing more institutions to invest.Canada’s Purpose Bitcoin ETF , the first to launch, had 913 million Canadian dollars ($731 million) under management on 11 March.February 11: BNY Mellon plans to issue, hold and transfer clients’ bitcoin Bank of New York Mellon plans to issue, hold, and transfer clients’ bitcoin, The Wall Street Journal reported.
America’s oldest bank will soon allow digital currencies to be treated the same as more orthodox investments in its asset-management system.February 10: Mastercard will allow merchants to accept select cryptocurrencies Mastercard will begin allowing customers to use some cryptocurrencies on its network later this year, although it did not specify which.”We are preparing right now for the future of crypto and payments,” Raj Dhamodharan, executive vice president of digital asset products said in a blog .February 8: Tesla says it invested $1.5 billion in bitcoin Elon Musk’s Tesla powered a jump in the bitcoin price by announcing it had invested $1.5 billion in bitcoin in January.It also said it plans to accept bitcoin as payment.Some critics said the bet had exposed the automaker to “immense” risks that could hammer its profits if the bitcoin price plunges.January 21: BlackRock authorizes funds to invest in bitcoin futures The $8 trillion asset manager BlackRock has authorized two of its funds to invest in bitcoin futures, according to January filings with the Securities and Exchange Commission.November 27: Guggenheim reserves right to invest in Grayscale Bitcoin Trust Guggenheim disclosed in an SEC filing that its Macro Opportunities Fund held the right to invest up to 10% of its net asset value in Grayscale Bitcoin Trust.The Grayscale trust, the world’s biggest bitcoin fund, has become a key way for institutional investors to gain exposure to the cryptocurrency.October 21: PayPal announces it will let customers buy and sell bitcoin PayPal was in many ways a pioneer when it jumped into crypto in October 2020 , allowing customers to buy, sell and hold bitcoin and other currencies using online wallets..
