From Coindesk

NYSE now monitoring Bitcoin

Photo from Engadget: http://www.engadget.com/2015/05/19/nyse-bitcoin-index/

“The New York Stock Exchange (NYSE) has today announced the launch of a bitcoin price index (NYXBT).

NYXBT will represent the daily US dollar value of one bitcoin at 4pm (BST) and will be published on the NYSE Global Index Feed (GIF).

For a limited period it will also be viewable on the NYSE’s website.

Thomas Farley, NYSE group president, said in a statement:

“Bitcoin values are quickly becoming a data point that our customers want to follow as they consider transacting, trading or investing with this emerging asset class.”

[edited for space]

The NYSE is not the only firm on Wall Street investing in the digital currency.

Multinational banking giant Goldman Sachs recently participated in a $50m funding round raised by bitcoin financial services startup Circle.

Just last month, developers at the Bank of New York Mellon Corp were revealed to be experimenting with bitcoin’s open-source code on the bank’s new corporate recognition program.

http://www.coindesk.com/new-york-stock-exchange-launches-bitcoin-price-index/