Bloomberg Law
Nov. 28, 2018, 5:47 PM

Morgan Stanley Vets Can’t Resist Crypto Startups, Despite Crash

Sonali Basak
Sonali Basak
Bloomberg News
Max Abelson
Max Abelson
Bloomberg News

Harish Gupta started his career at Morgan Stanley as an intern four years ago. Now he has one of the bank’s former stars as an adviser and another veteran on the board of his crypto startup, Polybird.

Raj Dhanda, who runs real-estate investment firm Black Creek Group, spent more than two decades at Morgan Stanley and left in 2016 after leading capital markets. He was named a Polybird adviser in a statement Nov. 28. His former colleague Patrick Springer is also on the board of advisers.

“The idea is to be a global token exchange,” Gupta, who started Polybird last ...