Morgan Stanley Plans Bitcoin Custody and Trading for Clients, Managing $9 Trillion in Assets

BTC0.98%

According to Decrypt, Morgan Stanley’s new digital assets chief Amy Oldenburg said on Wednesday the bank plans to offer bitcoin custody and trading services to its clients. When asked whether the bank would also provide bitcoin-based yield and lending services, Oldenburg expressed strong support. “These are part of discussions and exploration, and a natural part of Morgan Stanley’s roadmap. I think we are still in a very early stage in this regard,” she told Strategy CEO Phong Le at the Bitcoin Enterprise Conference in Las Vegas.

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