Investment bank TD Cowen shuts crypto unit a year after opening By Cointelegraph

[ad_1]



Just over a year after launching its crypto unit, American independent investment bank TD Cowen has announced the shutdown of Cowen Digital, though it has not provided a clear reason why.

The multinational bank launched Cowen Digital in March 2022 to provide institutional clients exposure to the crypto market via 16 crypto assets including (BTC) and Ether (ETH).

TD Bank Group acquisition announcement. Source: TD Bank Group
The Cowen Digital website currently shows a 404 error. Source: TD Cowen