Morgan Stanley "Bitcoin is digital gold"…Allows inclusion in asset management portfolios
Suehyeon Lee
Summary
- Morgan Stanley said Bitcoin was evaluated as a scarce asset and 'digital gold'.
- Morgan Stanley allowed financial advisors to flexibly include cryptocurrencies in portfolios.
- Morgan Stanley said it plans to support financial advisors in flexibly allocating virtual assets to clients' portfolios.
U.S. major investment bank Morgan Stanley likened Bitcoin (BTC) to a scarce asset and 'digital gold', and allowed financial advisors to flexibly include cryptocurrencies in portfolios.
On the 6th (local time), according to Watcher Guru, Morgan Stanley assessed that "Bitcoin is an asset with scarcity and has characteristics similar to gold."
Morgan Stanley plans to support financial advisors (Financial Advisors) in flexibly allocating virtual assets (cryptocurrencies) to clients' portfolios.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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