/GettyImages-597317537-59e3711e03f4020010dc7cd7.jpg "Investment decision Lender Cowen Launches Electronic Asset Unit")
U.S. total-services financial investment bank Cowen Inc. (COWN) introduced on Wednesday, March 23, that it has released a devoted digital asset division, turning out to be the most up-to-date Wall Road lender to enter the rising cryptocurrency area.
Important Takeaways
- Cowen has launched a new electronic asset division named Cowen Digital.
- The unit will supply buying and selling to institutional clients in set up cryptocurrencies and offer a custody provider.
- Cowen has future plans to branch out into crypto derivatives, lending, DeFi, and NFTs.
- Cowen suggests its smaller sized dimension allows it to adapt immediately to evolving crypto regulations.
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