Wells Fargo files for Bitcoin fund
Cointelegraph
Published Aug 20, 2021 05:20AM ET
Updated Aug 22, 2021 07:40AM ET
Wells Fargo (NYSE:WFC), one of the oldest banks in the United States, has registered a new pooled investment fund that offers its wealthy clients indirect exposure to Bitcoin (BTC).
Wells Fargo’s filing of a “Notice of Exempt Offering of Securities” — also known as a Form D — with the United States Securities and Exchange Commission, reveals that the fund is called “FS NYDIG BITCOIN FUND I,” reflecting the fact that it is being incorporated as a limited partnership with investment services company NYDIG and alternative assets manager FS Investments.
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Written By: Cointelegraph
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