The banking giant has been increasingly active in the cryptocurrency space to meet increased demand from its clients.
Securitize appointed Pedro Teixeira, the co-head of Morgan Stanley Tactical Value, to its board of directors.
Smaller countries such as Greece, Latvia, Lithuania and Estonia would be hit the hardest.
The U.S. Securities and Exchange Commission (SEC) sent out a second note to investors urging to reevaluate bitcoin futures-focused funds.
Morgan Stanley’s new bitcoin product is already one of the largest funds of its kind by investor count.
In the bank’s first quarter earnings call Friday, CFO Jonathan Pruzan said Morgan Stanley would offer more crypto services if clients showed more interest.
The megabank is positioning itself to take an active role across the bitcoin markets.
Ian Rooney clocked almost 10 years at Morgan Stanley.
The Wall Street firm sees signs of maturation especially given its resiliency since the height of the pandemic.
Two of the funds are from Galaxy Digital and the other is joint effort by FS Investments and NYDIG, according to CNBC.
NYDIG, the firm that facilitated MassMutual’s $100 million bitcoin buy last year, has raised $200 million from a cadre of big-name investors. The round included Stone Ridge Holdings Group, Morgan Stanley, New York Life, MassMutual, Soros Fund Management and FS Investments, NYDIG announced Monday. Past investors Bessemer Venture Partners and FinTech Collective also participated. “The […]
Morgan Stanley already has a nearly 11% stake in the bitcoin-laden business intelligence company MicroStrategy.
Morgan Stanley now owns 792,627 shares in the company best known for using its treasury funds to load up on bitcoin.
Bitcoin's success should force governments to grapple with falling public trust in fiat currencies.
There may be more upside for crypto than for PayPal's earnings, researchers wrote.