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.
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.