Financial Industry Players Heading To Crypto Space
In a recent report published by Morgan Stanley, several institutional players from the worldwide finance industry are heading towards Bitcoin and the overall crypto market.
The banking giant, Morgan Stanley’s research team released a report showing the increase in institutional participation in the digital currency space. On Halloween this year, the banking firm released an update to the report called ‘Bitcoin Decrypted: A Brief Teach-In and Implications’.
In the report, the company highlights the trends over this past year for Bitcoin and the crypto market as a whole. However, Morgan Stanley said that despite the institutional investment is on a rise, the retail participation is stagnant.