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 banking giant estimated that El Salvador wouldn’t face any issues with its debt payment for another year, despite the crisis it’s facing currently.
Morgan Stanley encourages investors to buy battered El Salvador eurobonds
As more and more financial giants set up crypto research teams, experts see this trend continuing to gain traction in the future.
Dedicated crypto teams booming within traditional financial firms
More capital enters the flagship Grayscale trust as it eyes regulator approval to become an exchange-traded fund later this year.
Institutions increase exposure to Grayscale Bitcoin Trust as GBTC discount nears 30%
“Ethereum demand is tied more closely to transactions. Therefore, similar scaling constraints hurt Ethereum demand more than they suppress Bitcoin demand,” Morg...
Ethereum dominance may dwindle as competitors emerge: Morgan Stanley
JPMorgan Chase calls for calm in the crypto market. In a recent client survey, just 5% believe Bitcoin will have hit $100,000 by year-end.
Wall Street still not convinced on Bitcoin $100K this year: JPMorgan survey
The investment firm's exposure to Bitcoin across three major funds totals roughly $303 million with 6,626,381 shares as of Sept. 30.
Morgan Stanley increased exposure to Bitcoin, held $300M in Grayscale shares
Investment bank strategists say that BTC could climb as high as $73,000 if markets remain frothy.
JPMorgan says BTC’s ‘fair price’ is $35K... but it still expects crypto to ‘outperform’