New crypto move from Morgan Stanley, managing 1.7 trillion dollars

robot
Abstract generation in progress

Morgan Stanley, one of the largest banks in the US and the world, continues to take positive steps regarding cryptocurrencies. According to news in the US media, the bank will start providing cryptocurrency services through its retail customer platform called E-Trade. This way, the bank will also be opening up to a small but crowded group of investors regarding cryptocurrencies for the first time.

ZeroHash partnership announced

The bank has also partnered with ZeroHash, a crypto infrastructure provider for these services. ZeroHash also has a license to provide monetary services.

As is known, although Morgan Stanley has taken positive steps in the crypto space recently, it was only providing services in this area to wealthy and accredited clients.

Last year, they had also granted investment advisors the permission to recommend Bitcoin spot ETFs for clients. This was one of the most important points in Bitcoin's rise.

The new service is expected to be launched by the first half of 2026.

It will also develop its own infrastructure.

According to information obtained by Bloomberg and CNBC, the bank will also develop its own digital asset/crypto wallet infrastructure. This way, in the future, custody services will be completely under the bank's control.

Published: September 23, 2025 17:09Last Updated: September 23, 2025 17:14

BTC-0.64%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)