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

The hedge fund plans to invest in areas such as blockchain technology, payments systems for digital currencies and stablecoins.

Jul 6, 2021 at 12:42 p.m. UTC
Updated Sep 14, 2021 at 1:21 p.m. UTC

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 said. 

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