Morgan Stanley’s funding arm is weighing in on including Bitcoin to its betting record: Bloomberg Information By Reuters
© Reuters. FILE PHOTO: A sign is posted on the Morgan Stanley building in New York
(Reuters) – Morgan Stanley (NYSE 🙂 ‘s investment arm is considering adding Bitcoin in digital currency to its list of possible bets, reported Bloomberg News at https://www.bloomberg.com/news/articles/2021-02-13/morgan-stanley May-bet-on-Bitcoin-150-billion-investment-arm? sref = SCAzRb9t on Saturday, citing people with knowledge of the matter.
Counterpoint Global, the $ 150 billion arm of Morgan Stanley Investment Management, is currently evaluating whether cryptocurrency would be a suitable option for its investors, the report added.
Morgan Stanley declined to comment.
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