Previously, I wrote about how investors may consider adopting more well-defined portfolios when it comes to the diversification of asset classes.
In line with this, Morgan Stanley had published a recent special report titled “The Case for Cryptocurrency As an Investable Asset Class in a Diversified Portfolio.”
It provides an objective view and a good balance between identifying the opportunities in cryptocurrencies as well as the risks involved in them.
It also gives us an idea of why the institutional players are getting into the cryptocurrency game, and most importantly why cryptocurrency is no longer just a ‘fad’. (although some meme coins may always hold that status)
What the big boys say
Unlike most asset classes, the world of cryptocurrency has an additional layer of complexity behind it known as the “blockchain”. While the technicality of a blockchain can be complicated, at the very least, investors should know that a blockchain is a de-centralized database.
In summary a blockchain:
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