So, Andrew Peel—yeah, that Andrew, Mr. “Big Digital Asset Markets” at Morgan Stanley—he’s peacing out. Who knew? One day you’re the crypto king at a giant bank, making PowerPoints, the next you say, “Forget those pinstripe suits. I’m going to Switzerland, baby!” Zug, specifically. Because, apparently, crypto people only do business where the chocolate and cheese are amazing. Makes sense. If you’re losing millions in DeFi, at least you’ve got a fondue. 🧀
Bloomberg sniffed this out (I picture some reporter hiding behind a ficus plant in Peel’s office, not creepy at all). The guy started at Credit Suisse—so this isn’t his first lap around the Swiss bank block—and then hopped over to Morgan Stanley in 2018. Now? He stepped down in March. Why March? Honestly, maybe Swiss ski season is better, I don’t know. He’s allegedly starting a new crypto thingy and is trying to raise money. “Raising money” in crypto: translation, sending emails that say, ‘I promise this time it’s not a rug pull.’
Apparently, this new shop isn’t just another “look at my digital coin” project. No, we’re talking “asset management vehicles,” “tokenized funds,” and—wait for it—“bridging traditional finance and DeFi.” I don’t know what that means, but it sounds like he’s building a crypto Golden Gate Bridge. Minus the fog, hopefully. They’re also cooking up trading tech to help regular finance folks “cross over”—because if there’s one thing finance bros love, it’s crossing over, especially when SEC watches them.
And while Peel is packing his bags, Morgan Stanley’s CEO Ted Pick (not a basketball coach, I checked), is cozying up to the Treasury and trying to figure out if the bank can, you know, actually do this crypto thing without landing on a list somewhere. By 2026, they want their 5.2 million E*Trade clients trading crypto. 2026! Might as well say “when flying cars are everywhere and everyone has jetpacks.”
Read More
- Apothecary Diaries Ch.81: Maomao vs Shenmei!
- Gold Rate Forecast
- Batman and Deadpool Unite: Epic DC/Marvel Crossover One-Shots Coming Soon!
- Who was Peter Kwong? Learn as Big Trouble in Little China and The Golden Child Actor Dies at 73
- Mobile MOBA Games Ranked 2025 – Options After the MLBB Ban
- Hunter Schafer Rumored to Play Princess Zelda in Live-Action Zelda Movie
- 30 Best Couple/Wife Swap Movies You Need to See
- Netflix’s ‘You’ Season 5 Release Update Has Fans Worried
- Gachiakuta Chapter 139: Rudo And Enjin Team Up Against Mymo—Recap, Release Date, Where To Read And More
- Summer Game Fest 2025 schedule and streams: all event start times
2025-05-14 12:25