UK Hedge Fund Marshall Wace to Start Investing in Crypto Assets: Report

6 July 2021

Hedge fund Marshall Wace plans to start investing in digital assets as interest in cryptocurrencies grows, the Financial Times said, citing people familiar with the firm’s plans.

  • Marshall Wace plans to invest in areas such as blockchain technology, payments systems for digital currencies and stablecoins, the FT said.
  • The firm, which manages $55 billion in assets, also intends to take stakes in privately owned digital finance companies, the people familiar said. 

Read more: $166B Asset Manager Renaissance Eyes Bitcoin Futures for Flagship Fund

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.