Morgan Stanley (MS), President of Andrew Bell’s encryption, goes out to launch the Devi box in Switzerland

Andrew Bell left his role as President of Lurghan Stanley (MS) for digital assets markets to launch an investment and technology for encryption in Zog, Switzerland, Bloomberg said on Tuesday.

The project will focus on distinctive funds, trading tools that find traditional financing and Defi, according to Bloomberg.

Bell, a former Credit Swiss merchant who joined Morgan Stanley in 2018, stepped in March and plans to start collecting donations soon, according to the story.

His exit comes at a time when Morgan Stanley is preparing Trade Trade in Trade E* Next year, according to a report earlier this month, it expanded beyond reaching the Bitcoin Fund that was launched for institutions in 2021.

Payment of digital assets in Wall Street is accelerated amid US policy and increased interest in special funds from companies such as Blackrock and Franklin Templeton.

A spokesman for Morgan Stanley refused to comment on Bloomberg.

Read more: Morgan Stanley Eyes Tarching Crypto Trading through E*Trade: Bloomberg

Relationship: Parts of this article were created with the help of artificial intelligence tools and reviewed by our editorial team to ensure accuracy and adhere to our standards. For more information, see full coindesk Artificial Intelligence Policy.