According to Foresight News, Morgan Stanley’s wealth management head Jed Finn announced at Consensus 2026 that the firm will launch a new product within weeks. The product allows clients to transfer crypto assets held on external platforms to Morgan Stanley and convert them into corresponding ETFs. Users can borrow against these assets without selling them, avoiding tax implications. Finn also stated that he expects TradFi to absorb DeFi rather than be disrupted by it, predicting that “in five years, there will no longer be something called DeFi—it will simply be called Finance.”
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