UK Hedge Fund Marshall Wace to Start Investing in Crypto Assets: Report

The hedge fund plans to invest in areas such as blockchain technology, payments systems for digital currencies and stablecoins.

Jul 6, 2021 at 12:42 p.m. UTC

Updated Sep 14, 2021 at 1:21 p.m. UTC

Hedge fund Marshall Wace plans to start investing in digital assets as interest in cryptocurrencies grows, the Financial Times said, citing people familiar with the firm’s plans.

Marshall Wace plans to invest in areas such as blockchain technology, payments systems for digital currencies and stablecoins, the FT said.
The firm, which manages $55 billion in assets, also intends to take stakes in privately owned digital finance companies, the people said.

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