Report: NYSE Owner ICE Weighs Bitcoin Trading Platform Launch

Intercontinental Exchange, the firm that owns the New York Stock Exchange, is the latest Wall Street giant to be mulling a move into the cryptocurrency space, according to a report.

An article from The New York Times published Tuesday suggests that Intercontinental Exchange (or ICE) has been developing an online bitcoin trading platform for major investors who want access to bitcoin.

The newspaper cited emails and documents it obtained as well as conversations with four people with knowledge of the still-confidential project.

While details of the trading platform have not been set in stone and it may not still go see launch due to concerns over bitcoin’s negative reputation in traditional finance, the report indicates that the move by the established financial firm would be notable if it does go ahead.

The Times said an ICE spokesman would not comment when asked about the trading platform…

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