Honestly, it seems there are some changes happening in the digital assets division at Morgan Stanley. The news coming out on Wednesday states that Andrew Bell, who was in charge of the bank's digital asset markets division, has resigned. This guy played a huge role in getting the bank involved with cryptocurrencies. Now, Bell is on what he calls a 'sabbatical' and plans to start a new company in Zug, Switzerland, which will focus on the topic of tokenizing real assets. Bell himself wrote on LinkedIn on Wednesday saying: 'Despite the fluctuations happening, I have always strongly believed that Bitcoin and other good cryptocurrencies will have significant value in the traditional financial world. The success of Bitcoin ETFs and the changes happening in regulations in the US have further confirmed my belief.' He also added that his new company in Zug will focus on creating products and technologies related to cryptocurrencies. In a direct message to The Block, Bell said: 'As long as real assets start being placed on the blockchain, traditional finance will surely follow. Building the infrastructure and products that will meet them there is what will lead us to the future of on-chain finance.'