Investors in digital currencies such as Bitcoin are increasingly seeking loans from large institutions, Whalen said during a panel discussion Thursday at the Morningstar Investment Conference.
"The market is starting to knock on the doors of big institutions, even in the bond world," said Whalen, a managing director in TCW's fixed-income group, which oversees about USD 225bn. "What I’ve found has crept our way is incoming inquiries about the question of lending against crypto."
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