Banking giant Morgan Stanley has reportedly planned to list cryptocurrencies on E*trade investment brokerage and trading platforms.
According to a May 1 Bloomberg ReportThe company intends to list crypto assets in E*trade in 2026. The plan is still in the early development, and the bank is said to be exploring partnerships with established crypto companies to empower service. Internal discussions about cryptocurrency support have been reported to have begun in late 2024.
This will not be Morgan Stanley’s first exposure to digital assets. Bank’s richest clients had access to the crypto exchange-traded fund (ETF) and futures for some time, along with firm advisors Allowed to have bitcoin ETF from August 2024.
Related: Morgan Stanley to explore crypto offerings for clients – CEO
Tailwind regulations drive the crypto forward
The news follows previous reports that Morgan Stanley considers the addition of cryptocurrency trading E*trade online brokerage platform in early January. The time reports mentioned the expectations of a more lovely environment in crypto regulation.
The move came in the midst of a more favorable regulatory environment in the United States following President Donald Trump’s election, campaigning on a pro-crypto platform and personally involved in some blockchain adventures.
Related: Morgan Stanley announced $ 188m to Blackrock Bitcoin ETF Holdings
The first 30 days of the Trump administration brought significant changes to the local crypto industry. Most recently —but, the US crypto proponents showed optimism Following Pro-Crypto oath Securities and Exchange Commission Chair Paul Atkins.
The SEC has significantly changed its stance even before Atkins. In late February, the agency already has have paused many cases of cryptocurrency implementation with close deadlines.
This is a story development, and further information will be added as it is available.
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