Former Morgan Stanley Official Joins Bitcoin Startup
Former Morgan Stanley Investment Manager Jacob Dienelt recently joined Factom, thereby becoming yet another Wall Street veteran to officially head a Bitcoin company. The public information available on Dienelt's LinkedIn page reflects a man of extensive experiences. His tenure at Morgan Stanley, a renowned wealth management firm, extends to around nine years. For the past one-and-a-half year, Dienelt has been busy being the co-founder and executive Vice President of Lazzerbee, a paper Bitcoin wallet company. As it looks, he will continue to hold his entrepreneurship while being Factom's....
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Global investment bank Morgan Stanley has increased its bitcoin exposure manyfold by investing in Microstrategy, the Nasdaq-listed company which currently holds about 70,470 bitcoins. Morgan Stanley now has a 10.9% stake in Microstrategy. ‘Even Banks Want Bitcoin’ Global financial services firm Morgan Stanley has significantly increased its exposure to bitcoin, the company’s filing with the U.S. Securities and Exchange Commission (SEC) on Friday shows. Morgan Stanley has declared that it now owns 792,627 shares of Microstrategy. The Nasdaq-listed company has been stacking....