Morgan Stanley to consider Bitcoin for $150 billion investment wing

Cointelegraph

Published Feb 13, 2021 11:17AM ET

Updated Feb 13, 2021 01:00PM ET

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

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.”

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