Morgan Stanley to consider Bitcoin for $150 billion investment wing By Cointelegraph

Business


Morgan Stanley to consider Bitcoin for $150 billion investment wing

According to a report from Bloomberg news this morning, Morgan Stanley (NYSE:) is the latest major financial institution to consider an investment in .

Citing “people with knowledge of the matter,” the report says that Cointerpoint Global, a subsidiary of Morgan Stanley Investment Management with $150 billion in assets under management, “is exploring whether the cryptocurrency would be a suitable option for its investors.”