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Morgan Stanley taps veteran Amy Oldenburg to lead digital asset strategy amid crypto push: Bloomberg

The Block
Morgan Stanley appointed veteran executive Amy Oldenburg to lead its digital asset strategy as the firm accelerates its crypto efforts.

Summary

Morgan Stanley has appointed veteran executive Amy Oldenburg, who previously led emerging markets equity, to a newly created role leading the firm's digital asset strategy. This move comes as major financial institutions prepare for significant changes in the digital asset space, including potential stablecoin adoption and new U.S. legislation. While Morgan Stanley had previously taken a cautious approach compared to peers like BlackRock and Fidelity, the bank has recently accelerated its crypto push, filing for spot bitcoin and Solana ETFs and planning to launch a proprietary digital wallet later this year. In support of this strategy, the bank is also hiring for several new digital asset roles.

(Source:The Block)