Morgan Stanley Is First Big Bank Offering Bitcoin to Wealthy Clients

Published on May 22, 2021

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Today on the Brief:

What markets want from the Federal Reserve’s FOMC meeting eToro’s $10B SPAC The latest on Coinbase’s IPO Our 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 Stanley Why the direct bitcoin exposure is a sea change for institutional investors offering bitcoin products — Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io — Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW The Breakdown is produced and distributed by CoinDesk.com

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Banks Can Use Public Blockchains, Morgan Stanley Is First Big Bank Offering Bitcoin to Wealthy Clients.

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