JPMorgan and Morgan Stanley are eyeing bitcoin. Here are the big Wall Street names warming to cryptocurrencies | Currency News | Financial and Business News

A $150 billion investment arm of Morgan Stanley is weighing up getting involved in bitcoin, according to a report, as the soaring price of the biggest cryptocurrency garners attention on Wall Street.

In another example of the rising interest, JPMorgan co-president Daniel Pinto said on Friday he’s “sure” demand for bitcoin will pick up to the extent that the Wall Street giant will “have to be involved.”

The bitcoin price touched an all-time high of almost $50,000 on Sunday, a remarkable rise from a low