Global crypto adoption could ‘soon hit a hyper-inflection point’: Wells Fargo report By Cointelegraph

Wells Fargo (NYSE:) Investment Institute, the research division of Wells Fargo Wealth and Investment Management, has released a report highlighting the potential of cryptocurrencies as an investment opportunity akin to the early days of the internet.

In a Monday report titled, “Cryptocurrencies — Too early or too late?“ the banking giant referred to cryptocurrencies as “viable investments,” but hinted there was no rush for investors to enter the still maturing market. Wells Fargo’s global investment strategy team said it did not subscribe to the idea that it was “too late to invest” in crypto, given that the space is “relatively young” in terms of other asset classes.