Cryptocurrencies
This $1 Trillion Money Manager Just Joined the Crypto Frenzy
Bitcoin: What’s Coming in the Year Ahead
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Add Wellington Management Co. to the list of mainstream investors getting serious about digital coins.
The Boston-based firm with $1 trillion under management is considering including cryptocurrencies in some portfolios, it said in a February report from a team that includes equity research analyst Matthew Lipton and trading technologies principal Lee Saba. The company’s systems were upgraded to enable trading in Bitcoin derivatives, and Wellington has started taking positions in companies related to cryptocurrencies.