Bank of America offers bullish outlook for DeFi and NFTs By

The Bank of America Corporation (NYSE:) (BoA) has published a research report offering a bullish outlook for the long-term prospects of cryptocurrency.

The report, published on Oct. 4 by BoA subsidiary, BofA Securities, offers a nuanced appraisal of the digital asset sector that highlights innovation taking place within the decentralized finance (DeFi) and nonfungible token (NFT) sectors.

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