December 4, 2021

Morgan Stanley plans to invest in bitcoin

Morgan Stanley plans to invest in bitcoin

According to Bloomberg, Counterpoint Global, a division of Morgan Stanley Investment Management, is considering an acquisition bitcoin for their investors.

As the price and popularity of BTC rises, Wall Street financial companies are showing increased interest in the first cryptocurrency.

Morgan Stanley plans to invest in bitcoin

Counterpoint Global is a large scalean asset management company with $ 150 billion in capital. She is best known for tracking high growth potential companies such as Amazon, Slack and Zoom and investing early in the business.

Morgan Stanley has already shown interest in crypto investment. In January, the bank acquired 11% of Microstrategy shares, considering it a profitable investment for its clients.

List of major banking institutions thatstrive to join the cryptocurrency market, is constantly growing. The largest conglomerate of American banks JP Morgan and payment giant Visa have confirmed their plans to support cryptocurrency payment services.

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