Crypto Gloom

Morgan Stanley to offer Bitcoin storage and trading

At the Bitcoin for Business conference in Las Vegas, Amy Oldenburg, head of digital asset strategy at Morgan Stanley, confirmed that the Wall Street bank plans to build its own Bitcoin storage and trading infrastructure for its clients. The company, which manages nearly $9 trillion in assets, is also exploring Bitcoin-based yield and lending products as part of its broader digital asset roadmap. Oldenburg said that although the bank is still in its infancy, developing these services internally is essential and a natural next step.

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