Shares of Morgan Stanley (NYSE:MS) saw some unusual options activity on Tuesday. Following the unusual option alert, the stock price moved up to $91.22.
What Happened: Morgan Stanley (NYSE: MS) has made its first investment in the blockchain industry, co-leading a $48 million investment round in digital asset securities firm Securitize, Inc.
According to Intertrust’s latest survey, 98% of CFOs say their hedge funds would look to invest up to 7.2% of their assets in cryptocurrencies by 2026, and such percentage would account for around $312 billion if replicated across the business.