Guggenheim founder Morley is backing a New York blockchain tower

A new blockchain tower, planned to be built in midtown Manhattan, will provide a wireless network that improves access to digital ledgers and even have a museum for NFTs. — AFP

Todd Morley, a co-founder and former executive of finance behemoth Guggenheim Partners, is turning his attention to blockchain.

The financier is backing a new blockchain tower in midtown Manhattan, he said Monday in a Bloomberg Television interview. The skyscraper will incorporate a wireless network that improves access to digital ledgers, a set of technologies that underpin digital currencies like Bitcoin, he said.