Morgan Stanley explores offering Bitcoin lending and yield services
Morgan Stanley is exploring Bitcoin lending and yield services as it builds its own crypto custody and trading infrastructure.Summary
Morgan Stanley is actively considering offering lending and yield products linked to Bitcoin and other cryptocurrencies. Amy Oldenburg, head of digital assets, stated that these services are under exploration as the bank develops its own native custody and trading infrastructure. While acknowledging the early stage of development, she highlighted the growing momentum in decentralized lending. Before launching its in-house solution, Morgan Stanley will allow E*Trade customers to buy and sell spot crypto. Oldenburg emphasized the need for a robust, in-house system, given the firm’s global presence in key crypto adoption markets and the high level of trust clients place in the Morgan Stanley brand. The bank has also filed for Bitcoin, Ethereum, and Solana exchange-traded products and advises clients to limit Bitcoin exposure to 2-4% of their portfolios.
(Source：Crypto Briefing)