$ 1.7 trillion Morgan Stanley plans to enable Bitcoin and encryption transactions on the electronic trading platform.
Main takeout
- Morgan Stanley plans to add encryption transactions to the electronic trading platform next year.
- The company has a partner relationship with existing encryption companies to promote the transactions of Bitcoin and ether in electronic transactions.
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According to a new report from Bloomberg, Morgan Stanley, which supervises $ 1 trillion in customer assets, is developing plans to trade bitcoin and other encryption assets on the electronic trading platform.
The company aims to launch the next year, but the exact date has not yet been decided. The project is still initial development, the report said.
The latest development came after Morgan Stanley’s E-Trade investigated the launch of Crypto Trading Services in January after the Trump administration’s support regulatory environment.
It started with a quiet exploration in January with an active plan, policy fuel acceleration and competitive positioning that started the spot encryption in 2025 in electronic transactions. Perhaps Morgan Stanley was the first major bank in the retail encryption market.
The top -level investment banks and asset management companies are also promoting plans through partnerships with existing encryption companies, the report said.
Currently, E-Trade provides indirect encryption exposure through various investment products, but does not provide direct encryption transactions.
Initiatives will be executed at one time, which is once executed, and will be difficult for major players such as Robinhood and Coinbase by deploying electronic transactions among major traditional financial institutions that convert to digital asset trading.
Morgan Stanley has doubled Crypto betting
Morgan Stanley began betting in the US encryption policy shift.
A few months after the debut of the SPOT BITCOIN ETF listed in the United States, the bank began to recommend Bitcoin ETF products for high -growth customers who met a specific qualification standard. This product included the funds of Blackrock’s Ishares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund.
The change took about three months ahead of the US presidential election in August 2024. Nevertheless, Morgan Stanley moved carefully, and the bank continues to maintain this measured approach by exploring direct branch transactions through electronic transactions.
Since Trump took office, the regulatory environment has actually changed dramatically.
In recent months, the Federal Reserve Bank and the Federal Deposit Insurance Company have withdrawn the guidelines of the Biden era, where banks interfere with their relationship with cryptocurrency. Meanwhile, the SEC has abolished the limited accounting rules that many cryptocurrency companies have stopped partnerships with traditional financial institutions.
Morgan Stanley’s internal discussion began to accelerate by re -evaluating its position in this division in late 2024. According to the bank’s management, the provision of Spot Crypto Trading was the “ideal next step” to deepen the existence in the digital asset market.
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