Morgan Stanley teams up with Zerohash to enter the crypto market, planning to launch digital asset trading in 2026.

Wall Street giant Morgan Stanley announced that it will launch cryptocurrency trading services through its E-Trade platform in the first half of 2026, initially supporting mainstream assets such as Bitcoin, Ethereum, and Solana.

The service will be implemented in collaboration with the U.S. digital asset infrastructure company Zerohash, marking the formal entry of major Wall Street financial institutions into the crypto market.

This decision stems from intense competitive pressure in the industry. Currently, Robinhood offers multi-currency trading services, while Charles Schwab is entering the market through cryptocurrency ETFs.

At the same time, it has become an inevitable trend for traditional financial institutions to accelerate their layout in the digital asset market, which has a total scale of $3.98 trillion (with Bitcoin accounting for $2.25 trillion and Ethereum accounting for $503.9 billion).

Zerohash, a partner of Morgan Stanley, recently completed a $104 million Series D financing, and its valuation has also entered the unicorn ranks, led by Interactive Brokers, with other investors including Interactive Brokers, Morgan Stanley, and SoFi.

Meanwhile, Citigroup is planning stablecoin custody services, and Bank of America is secretly developing its own stablecoin. Even Jamie Dimon, the CEO of JPMorgan, who has traditionally held a critical view of BTC, has begun to pay attention to the stablecoin space.

In terms of market performance, Bitcoin has fallen back to around $112,000 after breaking through $124,000, and currently, the daily chart remains in a fluctuation range between $110,000 and $115,000. Mainstream altcoins have generally followed suit, indicating that the overall market is in a correction phase.

In summary, industry analysts point out that the friendly regulatory environment created by the Trump administration has become a key catalyst for traditional financial institutions to enter the crypto market.

At the same time, as Wall Street giants like Morgan Stanley successively lay out their strategies, the institutionalization process of the market will enter an accelerated phase.

Although short-term price fluctuations are still influenced by policy expectations and market sentiment, the deep integration of traditional finance and the crypto ecosystem is irreversible. This will bring a more stable funding base and a more mature market structure to the industry.

#摩根士丹利 # cryptocurrency