Hedge fund giant Marshall Wace to reportedly dive into crypto

Cointelegraph

Published Jul 06, 2021 10:35AM ET

Updated Jul 06, 2021 12:40PM ET

Marshall Wace, a London-based hedge fund giant managing about $55 billion in assets, is reportedly planning a major move into cryptocurrency and blockchain investment.

The hedge fund firm is preparing to launch a dedicated portfolio, targeting investments in the digital asset industry, the Financial Times reported on Tuesday.

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