RATE Group | Major Wall Street Firm Secretly Traded Bitcoin for Over two Years
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Major Wall Street Firm Secretly Traded Bitcoin for Over two Years

Major Wall Street Firm Secretly Traded Bitcoin for Over two Years

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Wall Street continues to show a great interest in Bitcoin. Various firms are looking at the concept of introducing trading desks. One company, which has flown under most people’s radar, already took the plunge a while ago. Susquehanna International Group has built up a trading desk of a dozen people buying and selling cryptocurrency.

Bitcoin is an Appealing Currency

A lot of money can be made and lost with cryptocurrencies. The volatile nature of this industry makes it appealing to speculators and investors. It was a matter of time until the Wall Street big shots began dabbling in these currencies as well. So far, most of the major firms are still in the early process of developing these new options for their clients.

That is not the case for Susquehanna International Group. The firm is best-known for trading stocks, ETFs, and options. In that regard, it is not all that different from most Wall Street firms on the market today. What does make it unique is its position in the…

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