Morgan Stanley 'Absolutely' Plans to Offer Bitcoin Custody, Trading, Yield and Lending: Exec
Morgan Stanley, overseeing nearly $9 trillion in assets, intends to offer Bitcoin trading, custody, lending, and yield services to clients, according to digital assets strategy head Amy Oldenburg. She emphasized the need to develop in-house technology to ensure reliability and safeguard the firm's reputation. Oldenburg described the move as an early but logical step in the bank’s digital asset roadmap and confirmed significant client interest in cryptocurrency, though she expects some clients will continue to self-custody their holdings. Morgan Stanley has previously disclosed plans to enable Bitcoin, Ethereum, and Solana trading via its E*Trade app and aims to expand cryptocurrency offerings for customers. The firm recently filed an S-1 registration with the SEC for an Ethereum ETF, following prior filings for Bitcoin and Solana funds. No specific timeline for the new services was provided.
