MORGAN STANLEY PLANS TO OFFER CRYPTO TRADING TO E*TRADE CLIENTS
Morgan Stanley is developing a plan to introduce cryptocurrency trading on its E*TRADE platform, aiming to provide retail clients with direct access to digital assets like Bitcoin and Ethereum. The initiative is in its early stages, with a potential launch anticipated next year. The firm is considering partnerships with established crypto companies to facilitate this service.
This move positions Morgan Stanley as one of the first major U.S. banks to offer direct crypto trading to retail investors, reflecting a significant shift in traditional finance's approach to digital assets.
Source: @whaleinsider