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$55 billion hedge fund Marshall Wace is reportedly planning its first investments in the crypto market

Paul Marshall, CIO and Chairman at Marshall Wace LLP, at a conference in New York. Photo by: Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images London-based hedge fund Marshall Wace is planning its first investments in the cryptocurrency market, the Financial Times reported, amid steadily increasing interest in the digital asset space from major financial institutions. The $55 billion dollar group is reportedly looking to invest in blockchain technology, payments systems, and stablecoins.It is also exploring to launch a portfolio for privately owned digital finance companies in their late stages, sources told the Financial Times. The launch will be led by Amit Rajpal, CEO of Marshall Wace Asia and co-founder of Indian fintech firm Niyogin. The potential size of the p...