Global investment bank Morgan Stanley is establishing a new cryptocurrency research team. “The launch of dedicated crypto research is in recognition of the growing significance of cryptocurrencies and other digital assets in global markets,” the bank said.

Morgan Stanley Sets Up New Research Team

Morgan Stanley is launching a dedicated cryptocurrency research team, Bloomberg reported Monday, citing the bank’s internal memo to staff it has seen.

Led by Sheena Shah, the firm’s lead cryptocurrency analyst, the team will research cryptocurrencies’ impact on both equities and fixed income globally.

Shah will be based in London, where she will report to Adam Wood, who leads Morgan Stanley’s fintech and payments research team in Europe. She will also report to James Faucette, who leads the firm’s fintech and payments research team in the U.S.

The memo states:

The launch of dedicated crypto research is in recognition of the growing significance of cryptocurrencies and other digital assets in global markets.

Morgan…

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Source: https://news.bitcoin.com/global-investment-bank-morgan-stanley-launches-dedicated-cryptocurrency-research-team/