Category: Morgan Stanley

Global Investment Bank Morgan Stanley Launches Dedicated Cryptocurrency Research Team

Global Investment Bank Morgan Stanley Launches Dedicated Cryptocurrency Research Team

Global investment bank Morgan Stanley is establishing a new cryptocurrency research team. “The launch of dedicated crypto research is in recognition of the growing significance of cryptocurrencies and other digital assets in global markets,” the bank said. Morgan Stanley Sets Up New Research Team Morgan Stanley is launching a dedicated cryptocurrency research team, Bloomberg reported […]

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SEC Filing Shows Morgan Stanley Holds ~1 Million Shares of Grayscale Bitcoin Trust (GBTC)

The recent disclosure of an SEC filing reveals that Wall Street giant Morgan Stanley has been heavily invested in Bitcoin. Reportedly, instead of direct investment, the company has opted for Bitcoin exposure through a regulated investment vehicle – Grayscale Bitcoin Trust (GBTC). Popular market analyst MacroScope has been the first to report the news. Citing […]

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Morgan Stanley Increases its Crypto Exposure With Large Investments in the Grayscale Bitcoin Trust

Despite the bearish rhetoric prevalent among crypto analysts until recently, Morgan Stanley, one of the largest banks in the United States, has been gaining exposure to Bitcoin by investing millions of dollars through its various funds. Even though the information was publicly available, Twitter User MacroScope was one of the firsts to share it on […]

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George Soros’ Investment Fund Is Reportedly Trading Bitcoin Products

George Soros’ Investment Fund Is Reportedly Trading Bitcoin Products

The Hungarian-born American billionaire investor George Soros’ investment fund is actively trading bitcoin investment products, according to reports. Undisclosed sources reveal that bitcoin trading got the green light from the Soros Fund Management chief investment officer (CIO) Dawn Fitzpatrick. Soros Fund Management Reportedly Has ‘Greenlight’ to Trade Bitcoin At the end of March, Bitcoin.com News […]

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Top 3 US Banks Now Offer Crypto Futures Trading, Will Other Banks Follow Soon?

Despite the incessant clamor for the lack of regulatory clarity in the U.S., the biggest banks are already offering cryptocurrency-related services. As reported by Bloomberg, JPMorgan Chase & Co, Goldman Sachs Group Inc, and Morgan Stanley are notably offering crypto futures trading to their clients. This is coming at a time when banks in the […]

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Morgan Stanley co-leads $48 million Series B for blockchain firm Securitize

Morgan Stanley co-leads $48 million Series B for blockchain firm Securitize

Blockchain firm Securitize, which provides asset tokenization services, has raised $48 million in a Series B funding round. The round was co-led by Morgan Stanley and Blockchain Capital. Specifically, Morgan Stanley Tactical Value Investing, a team within Morgan Stanley Investment Management, invested in Securitize. As part of the deal, Pedro Teixeira, co-head of Morgan Stanley […]

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NYDIG, FS Investments file for new Morgan Stanley-focused bitcoin fund

NYDIG, FS Investments file for new Morgan Stanley-focused bitcoin fund

In March, Morgan Stanley became the first big American bank to offer its clients exposure to bitcoin through a trio of funds, one of which was jointly created by NYDIG and FS Investments. A new filing from the Securities and Exchange Commission (SEC) indicates that a fourth fund will be made available. Sakes connected to […]

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Citigroup considering to enter the crypto market – exec Itay Tuchman

Itay Tuchman, an exec at Citigroup, has disclosed that the mega bank is considering entering the crypto market. Prior to this, Goldman Sachs had already revealed its intention to offer Bitcoin ]to its private wealth management clients in the second quarter of the year. Following the high interest in Bitcoin, Citigroup Inc is considering joining […]

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Morgan Stanley Says Central Bank Digital Currencies Not a Threat to Cryptocurrencies

Major investment bank Morgan Stanley believes that central bank digital currencies are not a threat to the existence of cryptocurrencies. The bank believes that both types of digital currencies can coexist because they serve different purposes and have different appeals. Cryptocurrencies and CBDCs Can Coexist Morgan Stanley’s analysts, including chief economist Chetan Ahya, discussed the […]

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Morgan Stanley Adds Bitcoin to 12 Mutual Funds’ Investment Strategies

Morgan Stanley has filed with the U.S. Securities and Exchange Commission (SEC) to add bitcoin exposure to 12 of its mutual funds’ investment strategies. These mutual funds may invest in bitcoin futures as well as obtain indirect exposure to the cryptocurrency through investments in Grayscale Bitcoin Trust, the filing details. Bitcoin Exposure for 12 Morgan […]

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