More and more traditional investment companies and banks tend to hire staff with significant experience with the technology of the blockchain and the digital currencies. Morgan Stanley — one of the most famous investment banks in the world, now also looking for candidates who have such knowledge to work in a research division.
This step clearly says that the company sees the potential for cryptocurrency. The investment Bank posted three jobs on LinkedIn related work in the field of stock analysis. Position description States that «knowledge of cryptocurrencies will be your advantage.» These particular items analysts cover three areas: communication, General partnership, limited liability and payments.
The role of stock analysts is to look at the position of the company in a particular sector and on the basis of this analysis to conduct a study, which clients can use to facilitate the process of investment decision-making. Morgan Stanley now holds for its customers such studies related to bacchanal and cryptocurrencies.
The company earlier demonstrated his interest in digital currencies. In January this year, the Bank Morgan Stanley said that the clearing of futures on bitcoin, and in December 2017, the Bank acquired
11.4% of the shares of Overstock, an online retailer who in 2014 became the first big Internet company to start to accept bitcoin.