MSCI delisting could trigger crypto sell-off worth billions

If the MSCI (formerly Morgan Stanley Capital International) decides to proceed with its delisting proposal and excludes crypto treasury companies from the indices, then these companies could be forced into selling billions of dollars worth of crypto assets. The trouble started on Oct. 10 when MSCI extended its consultation on excluding public companies with more than 50% of the assets on their balance sheets dedicated to digital assets from traditional stock indexes like the MSCI USA Index. It is a bench ...