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Centralized, gated and closed on weekends, the New York Stock Exchange is the ultimate architectural symbol of everything bitcoin was created to disrupt. And yet, the 233-year-old titan of Wall Street has quietly positioned itself as an unlikely crypto powerhouse. Between a multibillion-dollar blitz into digital assets and a planned 24/7 trading platform for blockchain-based securities, the storied exchange is undergoing its grandest—and likely riskiest—transformation yet: using the distributed ledger technology behind bitcoin to reinvent the very system it spent centuries building.
Sprecher reached out to Coplan after the Justice Department dropped its probe. In an interview with CNBC, Sprecher said Coplan “was falsely accused of wrongdoing and was raided by the FBI,” an experience that he said he suffered a few years earlier.
