PANews, May 13 news, according to Bloomberg, Andrew Peel, head of digital asset markets at Morgan Stanley, left in March and plans to establish a crypto investment fund and DeFi trading technology company in Zug, Switzerland, focusing on connecting TradFi with Decentralized Finance. The new company will include asset management business and trading product development, with fundraising set to begin in the coming months. This move comes as Morgan Stanley plans to incorporate crypto trading services into its E*Trade platform next year.
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Andrew Peel, the head of digital assets at Morgan Stanley, has left to establish a DeFi fund in Switzerland.
PANews, May 13 news, according to Bloomberg, Andrew Peel, head of digital asset markets at Morgan Stanley, left in March and plans to establish a crypto investment fund and DeFi trading technology company in Zug, Switzerland, focusing on connecting TradFi with Decentralized Finance. The new company will include asset management business and trading product development, with fundraising set to begin in the coming months. This move comes as Morgan Stanley plans to incorporate crypto trading services into its E*Trade platform next year.