Wall Street vets vie to be BlackRock of crypto

Fund launch uses fundamental analysis to identify value propositions in high-risk industry

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Much like the nineteenth-century prospectors who flocked to California in search of gold, today’s pioneers are likely to be bitcoin devotees seeking their fortune in finance’s new frontier. But, like the Wild West, cryptocurrencies have proven to be a risky, volatile arena, ready to trap the unwitting investor.

Criticism of the crypto industry as lawless, and even as a haven for money launderers and criminals, has not deterred mainstream companies from preparing new ventures. In October 2018

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