Morgan Stanley (NYSE:MS) plans to offer its customers complex derivatives that will be tied to Bitcoin (BTC), Bloomberg reported this morning. The Morgan Stanley Bitcoin derivatives will push the investment bank in the running with its competition currently dabbing in the cryptocurrency space.
Morgan Stanley Bitcoin Derivatives
According to a person familiar with the venture, Morgan Stanley, one of the world’s largest investment banks, is trying to create ways for its client to get involved in the digital currency market.
Institutional investors have shown that they don’t want to actually own any Bitcoin but …
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