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Wells Fargo report -Breaking


Wells Fargo (NYSE:) Investment Institute is the research division at Wells Fargo Wealth and Investment Management. It has published a report that highlights the potential for cryptocurrency as an investment opportunity similar to early internet days.

In a Monday report titled, “Cryptocurrencies — Too early or too late?The banking industry giant Referred to cryptocurrencies as “viable investments,” but hinted there was no rush for investors to enter the still maturing market. Wells Fargo’s global investment strategy team said it did not subscribe to the idea that it was “too late to invest” in crypto, given that the space is “relatively young” in terms of other asset classes.

Source: Wells Fargo Investment Institute