Morgan Stanley News
Morgan Stanley is an American transnational financial services company founded by Henry Morgan and Harold Stanley in 1935 and headquartered in New York. Morgan Stanley’s banking practices are mostly built upon institutional securities, investment management and wealth management. Morgan Stanley has offices in more than 42 countries and is one of the world’s major financial institutions, with total assets of more than $814 billion. Morgan Stanley’s technology departments are strongly interested in blockchain technology. Morgan Stanley’s blockchain research and development process is covered on their official website. The latest Morgan Stanley’s news on blockchain implementation indicate that the company does not see cryptocurrency and blockchain as being suitable for major banking at this stage of development.
The investment firm has increased its shares of GBTC by more than 105% since April.
Morgan Stanley doubles exposure to Bitcoin through Grayscale shares
Morgan Stanley exec claims that Bitcoin continues to rise from the dead like the cartoon character Kenny in South Park.
Morgan Stanley exec says Bitcoin is the ‘Kenny from South Park’ of money
The analogy appeared in anticipation that Bitcoin could post a 2017-like bull run, in which the price rose by more than 1,900%.
Bitcoin ‘heavy breakout’ fractal suggests BTC price can hit $250K–$350K in 2021
After launching a Bitcoin investment tool for millionaires earlier this year, Morgan Stanley is diving deeper into crypto.
Morgan Stanley launches cryptocurrency research team
The investment bank reported owning a significant stake in GBTC as of April 30, according to a recent filing with the SEC.
Morgan Stanley equity fund owns 28.2K shares of Grayscale Bitcoin Trust, per SEC
Morgan Stanley Tactical Value and Blockchain Capital have led a funding round for Securitize.
Coinbase-backed Securitize secures $48M in Series B funding
Banks in smaller countries like Latvia, Estonia and Greece could be more seriously impacted by the digital euro, analysts said.
Digital euro could drain 8% of bank deposits, Morgan Stanley says