Morgan Stanley rumored to be eyeing stake in top Korean exchange Bithumb
Korean media has reported that Morgan Stanley is in talks with Bident — who owns a 10% of Bithumb Korea. Go to Source Powered by WPeMatico
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Korean media has reported that Morgan Stanley is in talks with Bident — who owns a 10% of Bithumb Korea. Go to Source Powered by WPeMatico
On March 17, a report detailed that the digital exchange being developed by Switzerland’s principal stock exchange SIX is preparing to launch by the summer of 2021. The exchange called SIX Digital Exchange (SDX) reportedly will also offer bitcoin, alongside the possibility of non-fungible token (NFT) assets like tokenized works of art. SIX to Launch … Read more
Public Bitcoin acceptance continues to grow as Morgan Stanley provides another on-ramp for mainstream capital. Go to Source Powered by WPeMatico
“I know starting more or less next week, you’re going to see an absolute drumbeat of pretty game-changing milestones from some of these firms.” — Stone Ridge co-founder Go to Source Powered by WPeMatico
Soros Fund Management, New York Life, and Morgan Stanley have joined Stone Ridge Holdings, Massmutual, FS Investments, and Bessemer Venture Partners to invest in bitcoin-focused investment company NYDIG. They will collaborate on a range of bitcoin-related strategic initiatives, and expect to launch “an explosion of innovation in bitcoin products and services.” Major Companies Want Bitcoin … Read more
NYDIG and its strategic partners will work together on Bitcoin-related initiatives following a $200 million funding round. Go to Source Powered by WPeMatico
Cipher Mining, a bitcoin mining operation of Bitfury, has announced that it is going public via a merger with a special purpose acquisition company (SPAC). The deal values the combined company at $2 billion, with funding from investors such as Morgan Stanley and Fidelity. Cipher Mining Technologies Inc., a newly formed U.S.-based bitcoin mining operation … Read more
Is the crypto custody market becoming too big for established banks to ignore? Go to Source Powered by WPeMatico
Just recently, during Microstrategy’s “Bitcoin for Corporations” event, Stone Ridge Asset Management and New York Digital Investment Group (NYDIG) founder, Ross Stevens, explained that he sees a “wall of money” entering the bitcoin space. A week later after that statement, NYDIG has revealed that the company has filed for a bitcoin exchange-traded fund (ETF) and … Read more
Morgan Stanley’s chief global strategist says that “regardless of where the price of bitcoin goes next, cryptocurrencies are here to stay as a serious asset class.” He added that bitcoin is making progress towards replacing the dollar as a medium of exchange. Morgan Stanley Bullish on Bitcoin and Cryptocurrencies Morgan Stanley’s head of emerging markets … Read more