Morgan Stanley Now Clearing Bitcoin Futures for Clients, Helping Institutions Gain Exposure

Morgan Stanley is a US investment bank located in NewYork City, USA.

Jonathan Pruzan, the bank's financial officer, explained that the firm has completed Bitcoin futures on CBOE and CME Group. In his last interview with Bloomberg, he said:

'' If someone wants to make futures and make a cash deposit, we'll do it. I do not say it is a very active activity, but for basic corporate customers who want to participate in derivative transactions. "

Due to the annoying fluctuation, many Wall Street banks are not adopting the crypto contract clearing and standby and visibility approach.

Volatility is now part of the crypto stage, which makes high-risk investors attractive, but appealing to those who prefer to leave their money in a bank.