Marshal Wace plans to invest in cryptocurrencies

For years, financial organizations and hedge funds have been investing in cryptocurrencies. Marshal Wace also joined this race, according to a report from the Financial Times. Recently, they have released a statement on this matter. The organization will mainly invest in payment processing systems, cryptocurrencies, and stablecoins, using the fair share of its $55 billion assets.

Experts that this decision can step up the cryptocurrency game, and we concur. Apart from these assets, it will also invest in companies that deal with digital cryptocurrencies. It will be interesting to see how this pans out. But for now, we will have to wrap our report here.