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Ethereum’s Big Backers Unleash Billions to Push Into Wall Street
In the grand banking hall of Cipriani 42nd Street in Manhattan last week, crypto advocates gathered beneath marble columns and chandeliers to declare the arrival of a new financial era — one that goes way beyond Bitcoin. Just days earlier, Ether, the second-largest cryptocurrency in the world, had surged by about 75% since June to an almost all-time high. Now, inside the former Bowery Savings Bank building, digital-asset executives gathered for what felt like both a victory lap and a sales pitch. The campaign: to convince the financial community that Ether is not just another speculative coin, but the core of a ... (full story)
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