Summary:
Despite the most recent downturn in the entire cryptocurrency market, a London-based asset manager is reportedly considering investing in digital assets. According to a report from the Financial Times from today, Marshall Wace, a London-based asset management company with over billion in AUM, considers a foray into the cryptocurrency market. Citing people familiar with the matter, the firm is planning to invest in various fields of the industry, including blockchain technology as well as payment systems for digital currencies and stablecoins. Moreover, FT’s sources also revealed that Marshall Wace is on the look to hire staff in the digital assets field, although the new investment arm is still at an early stage. Yet, the asset manager intends on expanding it and is
Topics:
George Georgiev considers the following as important: AA News, Blockchain Adoption, social, united kingdom
This could be interesting, too:
Despite the most recent downturn in the entire cryptocurrency market, a London-based asset manager is reportedly considering investing in digital assets. According to a report from the Financial Times from today, Marshall Wace, a London-based asset management company with over billion in AUM, considers a foray into the cryptocurrency market. Citing people familiar with the matter, the firm is planning to invest in various fields of the industry, including blockchain technology as well as payment systems for digital currencies and stablecoins. Moreover, FT’s sources also revealed that Marshall Wace is on the look to hire staff in the digital assets field, although the new investment arm is still at an early stage. Yet, the asset manager intends on expanding it and is
Topics:
George Georgiev considers the following as important: AA News, Blockchain Adoption, social, united kingdom
This could be interesting, too:
Chayanika Deka writes Pantera Capital’s Fund V Targets Billion for Diverse Blockchain Investments
Wayne Jones writes Rare ‘Epic Sat’ from Bitcoin’s Fourth Halving Block Sold for Over Million
Andrew Throuvalas writes Strike CEO Predicts Million BTC Amid COVID-Level Money Printing
Andrew Throuvalas writes Crypto.com Recruits Eminem For NBA Playoff Game Commercial
Despite the most recent downturn in the entire cryptocurrency market, a London-based asset manager is reportedly considering investing in digital assets.
- According to a report from the Financial Times from today, Marshall Wace, a London-based asset management company with over $55 billion in AUM, considers a foray into the cryptocurrency market.
- Citing people familiar with the matter, the firm is planning to invest in various fields of the industry, including blockchain technology as well as payment systems for digital currencies and stablecoins.
- Moreover, FT’s sources also revealed that Marshall Wace is on the look to hire staff in the digital assets field, although the new investment arm is still at an early stage. Yet, the asset manager intends on expanding it and is looking into including other forms of activities such as cryptocurrency trading.
- Supposedly, the company is looking to adopt an approach where it enters late-stage venture capital rounds in companies that are involved in the infrastructure of the relatively nascent industry.