Morgan Stanley Report Says Crypto Now An Institutional Asset Class
Cryptocurrencies are now a new institutional investment class, rather than a fully developed electronic cash, a Morgan Stanley report says.
Morgan Stanley
Bitcoin ‘Making Progress’ on Bid to Oust Dollar, Morgan Stanley Chief Global Strategist Says
Dec 9, 2020
Bitcoin's success should force governments to grapple with falling public trust in fiat currencies.
There may be more upside for crypto than for PayPal's earnings, researchers wrote.
Morgan Stanley now owns 792,627 shares in the company best known for using its treasury funds to load up on bitcoin.
Morgan Stanley Buys E*Trade in $13B Deal
Feb 20, 2020
Morgan Stanley is acquiring E*Trade for $13 billion, hoping to target its 5.2 million-strong client base.
CLS, the bank-owned currency trading utility, and IBM have gone live with their blockchain-based payment netting service after more than two years in development.
Morgan Stanley
