The Breakdown With NLW Episode

Will Apple Be the Next Fortune 500 to Buy Bitcoin?

A new analyst report from the Royal Bank of Canada thinks that with a small investment Apple could disrupt the crypto exchange space and pay for it by buying bitcoin.

Listen or watch all the new CoinDesk podcast episodes wherever you want.
Cast BoxiHeartiTunesPocket CastsRSSRadio PublicSpotify

ABOUT

[@portabletext/react] Unknown block type "iframe", specify a component for it in the `components.types` prop

A new analyst report from the Royal Bank of Canada thinks that with a small investment Apple could disrupt the crypto exchange space and pay for it by buying bitcoin.

This episode is sponsored by Nexo.io.

Download this episode

Today on the Brief:

  • A shifting inflation narrative
  • Reddit raises $250M and has a $6B valuation
  • Castle Island Ventures announces $50M fund II

Our main discussion: Might Apple by the next company to dive into bitcoin?

In the wake of Tesla’s surprise $1.5 billion bitcoin purchase announcement, many are wondering which Fortune 500 will be next.

According to a new report from the Royal Bank of Canada - the country’s largest bank with more than C$800 billion in assets - the best candidate may be Apple.

In this episode, NLW breaks down:

  • Why the RBC thinks Apple should build a crypto exchange
  • How a BTC treasury purchase could fund it
  • Why the crypto exchange space and the bitcoin treasury movement are both white-hot topics of discussion right now

See also: Apple Should Launch Own Crypto Exchange, RBC Analyst Says

Image credit: David Paul Morris/Bloomberg via Getty Images

HOST

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

Nathaniel Whittemore