Investment bank TD Cowen shuts crypto unit a year after opening

Just over a year after introducing its crypto system, American independent investment bank TD Cowen has announced the shutdown of Cowen Digital, though it has actually not offered a clear reason why. The international bank introduced Cowen Digital in March 2022 to provide institutional customers direct exposure to the crypto market via 16 crypto properties including Bitcoin (BTC) and Ether (ETH). Source: TD Bank GroupCointelegraph has actually reached out to Cowen for remark (now known as TD Cowen) and will update the post if the business reacts.

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Just over a year after introducing its crypto unit, American independent investment bank TD Cowen has actually announced the shutdown of Cowen Digital, though it has actually not offered a clear reason why. The international bank launched Cowen Digital in March 2022 to offer institutional customers exposure to the crypto market through 16 crypto properties consisting of Bitcoin (BTC) and Ether (ETH). Source: TD Bank GroupCointelegraph has actually reached out to Cowen for comment (now understood as TD Cowen) and will update the article if the company responds.