Barclays to increase $3.3bn to invest in bitcoin futures market
Barclays will invest $3bn in bitcoin trading futures trading platform and asset management firm iShares.
Barclays said it plans to invest $1bn in the platform by the end of the year.
The investment comes as regulators around the world are beginning to clamp down on bitcoin and other digital currencies.
Last week, the US Securities and Exchange Commission issued new guidance on bitcoin, warning that the digital currency may pose a risk to investors.
The US regulator said the digital currencies’ rise in value has raised concerns about the security of investors’ investments.