The company plans to launch its own digital wallet in the second half of 2026. This move reveals a grander vision: Morgan Stanley aims not only to be a sales channel for crypto products but also to become a foundational infrastructure builder that integrates TradFi and DeFi. Finn straightforwardly states, “This signals a fundamental change in how financial services infrastructure operates.” Morgan Stanley's aggressive stance is not an isolated case but a reflection of Wall Street's collective anxiety and strategic shift: ● Bank of America: Officially recommends that wealth management clients allocate 1% to 4% of their investment portfolios to digital assets, and approves Merrill platform advisors to recommend Bitcoin ETFs. ● JPMorgan Chase: Although the CEO has publicly criticized Bitcoin, their actions are pragmatic—expanding JPM Coin to new networks like Canton Network, building payment rails for tokenized cash and assets, and evaluating offering crypto spot and derivatives trading to institutional clients. ● Other giants follow suit: Goldman Sachs’ crypto trading division continues deepening its efforts, Charles Schwab plans to directly trade Bitcoin and Ethereum, PNC Bank enables seamless crypto trading for clients through partnerships with Cb, and Barclays has invested in the stablecoin settlement platform Ubyx.
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HaonanChen
· 16h ago
Ah brother, I'll come find you. I don't have that much left, right?! I might as well change jobs and find a different place to work.
#Gate广场创作者新春激励
The company plans to launch its own digital wallet in the second half of 2026. This move reveals a grander vision: Morgan Stanley aims not only to be a sales channel for crypto products but also to become a foundational infrastructure builder that integrates TradFi and DeFi. Finn straightforwardly states, “This signals a fundamental change in how financial services infrastructure operates.” Morgan Stanley's aggressive stance is not an isolated case but a reflection of Wall Street's collective anxiety and strategic shift:
● Bank of America: Officially recommends that wealth management clients allocate 1% to 4% of their investment portfolios to digital assets, and approves Merrill platform advisors to recommend Bitcoin ETFs.
● JPMorgan Chase: Although the CEO has publicly criticized Bitcoin, their actions are pragmatic—expanding JPM Coin to new networks like Canton Network, building payment rails for tokenized cash and assets, and evaluating offering crypto spot and derivatives trading to institutional clients.
● Other giants follow suit: Goldman Sachs’ crypto trading division continues deepening its efforts, Charles Schwab plans to directly trade Bitcoin and Ethereum, PNC Bank enables seamless crypto trading for clients through partnerships with Cb, and Barclays has invested in the stablecoin settlement platform Ubyx.