Wall Street Bank Morgan Stanley (MS) moves deeper into digital assets, expressing a cooperation with Crypto infrastructure provider Zerohash to allow trading trade clients Ether (eth) and Starting in the first half of 2026, Bloomberg reported on Tuesday.
Jed Finn, head of Morgan Stanley’s wealth management, told Bloomberg that the initiative was the first phase of a broader crypto approach that would eventually include a whole purse solution.
“The underlying technology has been proven and the blockchain-based infrastructure is clearly here to stay,” Finn said in an interview, adding that clients should have access to both traditional and digital properties in a single ecosystem.
The move emphasizes the growing embrace of Crypto Wall Street since a regulation of shifting under President Donald Trump earlier this year.
Morgan Stanley is also preparing an asset offering for clients to include crypto exposure from zero to several percentage points, depending on the investor’s goals.
The bank explores tokenization for back-office efficiency such as settlement and clearing, the article said.
E*Trade is an online brokerage and banking platform owned by Morgan Stanley. It allows customers to exchange stocks, bonds, exchanges exchanged (ETFs), and options.
Read more: Morgan Stanley Eyes launches crypto trading by E*Trade: Bloomberg
