BREAKDOWN: Morgan Stanley Is First Big Bank Offering Bitcoin to Wealthy Clients
Three funds led by Galaxy Digital, FS Investments and NYDIG will give bank customers access to the leading digital asset.
This episode is sponsored by Nexo.io and Casper, and this week’s special product launch, NEM.
Today on the Brief:
What markets want from the Federal Reserve’s FOMC meetingeToro’s $10B SPACThe latest on Coinbase’s IPOOur main discussion: Morgan Stanley set to become the first big bank to offer wealthy clients access to bitcoin.
In this episode, NLW breaks down this breaking news, including:
Restrictions on the fund in terms of who can buy and how much they can spend Background of the firms partnering with Morgan StanleyWhy the direct bitcoin exposure is a sea change for institutional investors offering bitcoin products-
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