Morgan Stanley
Banking Industry Likely to Capitalize on Stablecoin Deposit Demand, Says Morgan Stanley
The stablecoin market cap has grown to $137.7 billion from $20 billion a year ago.
Morgan Stanley CEO Says Crypto Isn’t a Fad, Though Not Seeing Much Client Demand
“For us, honestly it’s just not a huge part of the business,” CEO James Gorman said on the bank’s earnings call.
Morgan Stanley CEO Says Crypto Isn’t a Fad, Though Not Seeing Much Client Demand
James Gorman, CEO of Morgan Stanley, said cryptocurrency isn’t a fad and is not going away. Though, he said his bank isn’t seeing much client demand. In April, the firm confirmed it is offering wealth management clients exposure to bitcoin through a pair of external crypto funds.
Morgan Stanley Silvergate Report Sends Crypto-Friendly Bank Up 7%
Morgan Stanley sees potential stablecoin adoption as positive for the bank.
Morgan Stanley Taps Longtime Foreign-Exchange Expert to Lead Crypto Research Team: Report
Sheena Shah has been an FX strategist at the firm since 2013.
Morgan Stanley Buys Over 28,000 Shares of Grayscale Bitcoin Trust
The banking giant has been increasingly active in the cryptocurrency space to meet increased demand from its clients.
Securitize Raises $48M in Funding Round Led by Morgan Stanley, Blockchain Capital
Securitize appointed Pedro Teixeira, the co-head of Morgan Stanley Tactical Value, to its board of directors.
Morgan Stanley Says Digital Euro Could Deplete Bank Deposits by 8%: Report
Smaller countries such as Greece, Latvia, Lithuania and Estonia would be hit the hardest.
SEC Again Warns Investors Against Bitcoin Futures Funds
The U.S. Securities and Exchange Commission (SEC) sent out a second note to investors urging to reevaluate bitcoin futures-focused funds.
Morgan Stanley Bitcoin Fund Draws $29.4M in 2 Weeks, Filings Show
Morgan Stanley’s new bitcoin product is already one of the largest funds of its kind by investor count.
