Tuesday, 02 January 2024 12:17 GMT

Morgan Stanley Endorses Crypto As Wall Street Warms Up To Digital Assets


(MENAFN- Investor Brand Network) Wall Street giant Morgan Stanley has encouraged investors to consider allocating between 2% and 4% of their portfolios to cryptocurrencies. The bank's latest recommendation marks a notable shift in Wall Street's tone toward digital assets, with Bitcoin taking the spotlight as a limited-supply asset often compared to gold in digital form.

As BTC reserves on centralized exchanges dwindle, investor interest is likely to be diverted towards crypto-accumulation platforms like American Bitcoin Corp. (NASDAQ: ABTC) in a bid to include...

Read More>>

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a specialized communications platform with a focus on blockchain and the cryptocurrency sector. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers : (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries ; (2) article and editorial syndication to 5,000+ outlets ; (3) enhanced press release enhancement to ensure maximum impact ; (4) social media distribution via IBN to millions of social media followers ; and (5) a full array of tailored corporate communications solutions . With broad reach and a seasoned team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today's market, CCW brings its clients unparalleled recognition and brand awareness. CCW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from CryptoCurrencyWire, text“CRYPTO” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: /Disclaimer

CryptoCurrencyWire
New York, NY

212.994.9818 Office
[email protected]

CryptoCurrencyWire is powered by IBN

MENAFN09102025000224011066ID1110174632



Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.