Morgan Stanley to launch digital asset wallet as part of crypto product expansion

The wallet, expected to launch this year, will support cryptocurrencies and RWAs as the financial services company adds to its suite of crypto investment products.

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Morgan Stanley CEO says lender is exploring path to offer crypto in the US

Morgan Stanley CEO Ted Pick said the lender is exploring how it can offer crypto services in the US and intends to engage with regulators once the review is complete.   During an appearance on CNBC’s Squawk Box on Jan.

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Morgan Stanley’s E-Trade ponders crypto services

A Morgan Stanley subsidiary is considering adding cryptocurrency services to its existing TradFi product suite.

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American Investment Bank Morgan Stanley Wants To Add Spot Bitcoin ETFs To 12 New Funds

American multinational investment bank and financial services company, Morgan Stanley has revealed intentions to add Spot Bitcoin Exchange Traded Funds (ETFs) into a selection of its institutionally focused funds.

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Bitcoin Company NYDIG Raises $1 Billion in Latest Funding Round at a Valuation of $7B

Bitcoin financial services company NYDIG announced this week that it had raised $1 billion in its latest funding round led by VC firm WestCap at a valuation of more than $7 billion. Existing investors Bessemer Venture Partners, Morgan Stanley, New York Life, Mass Mutual, FIS, Fiserv, and Affirm holdings also participated in the round.

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Morgan Stanley holds over $36 million worth of Bitcoin (BTC) via Grayscale

American multinational investment bank and financial services company Morgan Stanley has been generously investing in the Grayscale Bitcoin Trust (GBTC), a recent filing with the US Securities and Exchange Commission (SEC) shows.

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American Banking Giant Morgan Stanley Has Indirectly Invested In Bitcoin

Global investment bank and financial services provider Morgan Stanley has bought 28,289 shares of Grayscale Bitcoin Trust (GBTC) according to a filing with the US Securities Exchange Commission (SEC).

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NYDIG, FS Investments Collaborate With Morgan Stanley To Create New Bitcoin Investment Fund

Financial services firm New York Digital Investment Group (NYDIG) and asset manager FS Investments would establish a Bitcoin investment fund aimed at US megabank Morgan Stanley clients. NYDIG, FS Investments File Paperwork With SEC NYDIG and FS Investments have already filed the necessary paperwork with the US Securities and Exchange Commission (SEC) for an investment […] The post NYDIG, FS Investments Collaborate With Morgan Stanley To Create New Bitcoin Investment Fund first appeared on BitcoinExchangeGuide.

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Switzerland’s Largest Bank UBS Mulls Over Cryptocurrency Services

Swiss investment bank UBS Group is reportedly exploring offering cryptocurrency services to its wealthy clients. UBS joins a growing list of major investment banks that are either already offering or planning to offer crypto investments to their clients, including Morgan Stanley, Goldman Sachs, and Citigroup.

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Citi Sees ‘Very Rapid’ Accumulation of Interest in Bitcoin — Contemplates Launching Crypto Services

Citigroup is reportedly seeing a “very rapid” accumulation of interest in bitcoin across a broad spectrum of clients, including large asset managers. The bank is now considering launching its own crypto services as a growing number of banks are offering bitcoin-related services to their clients, including Goldman Sachs and Morgan Stanley. Citigroup is reported considering […]

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Goldman Sachs Joins Morgan Stanley in Offering Bitcoin Services

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NYDIG cuts Bitcoin fee to 0.3% for investors as Morgan Stanley opens floodgates

Competition among institutional Bitcoin services continues to heat up as fees are slashed in time for a fresh herd of investors entering.

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Morgan Stanley reportedly set to buy Bithumb exchange for over $400 million

American multinational investment bank and financial services company Morgan Stanley is rumored to be bidding for leading South Korean cryptocurrency exchange Bithumb. According to the country’s local media outlet, Morgan Stanley is already in the negotiation process, which will allow the bank to acquire stakes in Bithumb.

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NYDIG Raises $200M from High Profile Investors, Insurance Firms’ Bitcoin Exposure Surpasses $1B

Soros Fund Management, New York Life, MassMutual, Morgan Stanley, Stone Ridge Holdings Group, and FS Investments are the big names, preparing to have an “explosion of innovation in Bitcoin products and services” in the coming months and quarters.

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NYDIG Files for a Bitcoin ETF with the SEC with Morgan Stanley as Authorized Participant

Bitcoin trading and custody services provider NYDIG has filed for a Bitcoin exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC). Morgan Stanley will serve as the proposed authorized participant, as per the NYDIG's S-1 filing published on Tuesday.

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NYDIG files for US-based Bitcoin ETF, with Morgan Stanley on board

The crypto-focused financial services company has filed S-1 paperwork with the SEC, reigniting the debate over a Bitcoin ETF.

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Cryptocurrency News Roundup for May 5, 2020

Two of the world’s largest financial services providers, Goldman Sachs and Morgan Stanley, are now hinting that the worst of the COVID-19 market rout is probably over and the economy is showing signs of improvement.

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XLM Slip, Will Stellar-IBM Partnership Be in Tatters After Lund’s Exit?

Stellar Lumens (XLM) prices steady and out of the top 10 World Wire proponents, Jesse Lund, and CTO Stanley Yong, exit IBM The exit of Jesse Lund, the global head of blockchain for financial services and digital currencies, and CTO Stanley Yong of IBM could jeopardize their partnership with Stellar.

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Op Ed: Why Your Financial Advisor Won't Talk to You About Bitcoin

Bitcoin is in the news, and we’ve all seen the stories about early investors who’ve made millions and driven away in new lambos. So it’s only natural that people who haven’t invested already are wondering if they should.

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Bitcoin Magazine’s Week in Review: Making Strides Across Industries

Industry buzz surrounded Ethereum this week as community members await the next stage of the coin’s development. The protocol also served as the jumping-off point for a new fully regulated stablecoin.

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Morgan Stanley Reveals Plans to Offer Bitcoin Swap Trading

Institutional solutions to cryptocurrency investing continue to take rise. As client demand increases, another major Wall Street firm is making plans to offer a new array of digital asset trading services.

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Morgan Stanley Eyes Bitcoin Swap Contracts Tied to Futures Prices

Morgan Stanley is joining Wall Street’s race toward an institutional-friendly bitcoin derivative. According to anonymous sources reporting to Bloomberg, the financial institution is devising price return swaps tied to bitcoin.

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