There are plenty of giant banks out there and some of those banks are kind of difficult situation as market and the rich people continue to pour into the AI and the crypto investment. The BTC and ETH are so normalized that the market has lost the alt season signals.
And that made the giant banks like JP morgan and Charles schwab open up. Like JPM created their own banking chain and also started heavily creating fund houses with crypto. And Scwab has decided to go with the crypto investment and the trading in the BTC and ETH instrument.
A lot of changes are in the sight. It seems the banks are going through the blockchain adoption. And they are going to make sure that the direct trading in eth and btc is possible and final settlement happens at the bank dashboard. Trade commissions are also expected to reduce at per bank level so they would compete. They also want to invest heavily into employee and consumer education for the blockchain. They would make this available on desktop and mobile interface.
You can read more through news here.
If you happen to like my content, do give a follow on X/twitter profile.