Morgan Stanley Crypto Chief Departs to Launch DeFi-Focused Investment Firm

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Andrew Peel, the head of digital asset markets at Morgan Stanley, has stepped down to launch his own crypto-focused investment and trading technology firm, aiming to bridge the gap between traditional finance and decentralized finance (DeFi). Peel, who joined Morgan Stanley in 2018 after a stint at Credit Suisse, left the Wall Street giant in March. He is now preparing to raise capital for the new venture in the coming months, Bloomberg reported , citing a source familiar with the matter. Peel’s...