Morgan Stanley CEO Says Meme Coins Are A Sign ‘Liquidity’ In Crypto
Posted On January 23, 2025
Morgan Stanley (NASDAQ:MSPQ) CEO Ted Pick sees the recent launches of presidential meme coins as a result of substantial liquidity in the cryptocurrency ecosystem.
What Happened: During a CNBC Squawk Box interview on Thursday, Pick was questioned about meme coins and digital currencies under the new Trump administration, including the recently launched Trump (CRYPTO: TRUMP) and Melania (CRYPTO: MELANIA) coins.
He acknowledged the substantial liquidity in these markets, stating, “Liquidity expresses itself in all kinds of different ways.”
On the broader topic, Pick commented, “The question is …
About The Author
