Coinbase has received approval from the New York State Department of Financial Services to offer trading of the digital currency Ether, along with other products.
The two leading contenders vying for the cryptocurrency crown both have serious backing, but the technology is still developing and the endgame is still a ways away.
IBM's work with Northern Trust and Hyperledger and Microsoft's alliance with JPMorgan and others show the different approaches the tech giants are taking with the technology.
