Morgan Stanley To Offer Bitcoin Funds Access To Wealthy Clients

Morgan Stanley will offer its wealth management clients access to bitcoin funds, becoming the first major US bank to make such a move. In an internal memo on March 17, Morgan Stanley told its financial advisors it will allow access to three funds that enable ownership of Bitcoin, CNBC reported. The move could potentially help…

Vanguard Advances Blockchain Technology Pilot With Technology Partner Symbiont

US-based investment management firm Vanguard announced on Thursday another step towards applying blockchain technology to digitize asset-backed securities markets. Through a partnership with technology provider Symbiont and in close collaboration with a large US ABS issuer, as well as BNY Mellon, Citi, and State Street, Vanguard managed to model the full lifecycle of an ABS…