Morgan Stanley continues crypto push, plans wallet in the second half of 2026

Morgan Stanley is significantly deepening its commitment to cryptocurrency, planning to enable bitcoin, ether, and solana trading on its E-Trade platform during the first half of 2026. Furthermore, the firm intends to launch its own proprietary digital wallet in the second half of 2026. This move follows the firm's earlier acknowledgment that spot bitcoin ETF approvals represented a "paradigm shift" and its subsequent expansion of crypto access to all client accounts, including retirement plans. The infrastructure supporting this expansion includes an investment in Zerohash. Morgan Stanley's head of wealth management, Jedd Finn, stated this strategy reflects an adaptation to the changing financial services infrastructure, aiming to blend traditional finance (tradfi) and decentralized finance (defi) ecosystems. This institutional embrace of crypto mirrors broader trends on Wall Street.

(Source：The Block)