So, Jed Finn, the wizard behind Morgan Stanley’s crypto curtain 🎩✨, spilled the beans to Barron’s: the bank’s cooking up its very own cryptocurrency wallet. Because nothing says “trust us” like a 90-year-old financial giant telling you how to store your digital loot. 🚀💼
This “universal solution” for digital assets-because crypto wasn’t already simple enough, right?-is slated to debut sometime after Labor Day. Assuming no one accidentally loses the master password in a coffee spill. ☕🔓
Morgan Stanley’s crypto strategy
In 2026, their E*Trade platform will let clients trade Bitcoin, Ether, and Solana via Zerohash. Finn imagines a utopia where “TradFi” and “DeFi” hold hands in a digital meadow 🌼🤝-though we’re still waiting on the marriage license. Meanwhile, they’ve filed for ETFs in BTC, ETH, and SOL. Because paperwork is the real blockchain innovation. 📄😅
The banking giant’s crypto journey
Morgan Stanley’s crypto saga began in the late 2010s, quietly building a “maybe we’ll crypto, maybe we won’t” vibe. Then came March 2021: the bank let clients buy Bitcoin funds-if they had $2 million lying around. Casual! 🦆💧
By 2024, they allowed ETF purchases but told advisors to keep their pitchforks sheathed. Later that year? “Surprise! Now you can pitch them!” Because consistency is overrated. 🚨📱
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2026-01-08 22:34