
Bitcoin (CRYPTO: BTC) has made significant strides toward mainstream adoption as Goldman Sachs (NYSE:GS) has offered its first Bitcoin-backed loan. Over the past few weeks, it has been clear that Wall Street are adopting crypto further as Cowen, an American investment bank, launched a digital assets unit and BlackRock (NYSE:BLK) took part in the $400 million funding round for stablecoin issuer Circle. Furthermore, private equity giant Apollo Global Management had hired former JPMorgan (NYSE:JPM) executive Christine Moy to serve as its first head of digital assets strategy.