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HomeNewsMorgan Stanley Says Crypto Has Become an Investable Asset Class

Morgan Stanley Says Crypto Has Become an Investable Asset Class

In a recent note, Morgan Stanley’s wealth management unit referred to cryptocurrency as an emerging investable asset class. According to the authors of the note, Lisa Shalett, and Denny Galindo, their conclusion on crypto is a cautious one, as they believe any investment in Bitcoin is a speculative one. The authors also talked about the shift to cryptocurrency from absolute rejection to widespread adoption.

Citing the author’s note, The Block said in a :

Image Credits: Pixabay

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