appearance<\/a> at the Bitcoin for Corporations conference in Las Vegas on Feb. 26.<\/p>\nRegarding Bitcoin-based yield and lending services, she said that it was a \u201cnatural part of the roadmap to continue to explore,\u201d but added that the firm is still \u201cearly in the journey.\u201d<\/p>\n
However, the banking giant plans to develop its Bitcoin infrastructure from scratch through an in-house offering to ensure reliability and control over the technology stack.<\/p>\n
<\/p>\n
\u201cPeople expect Morgan Stanley\u2014they trust our brand\u2014to be no-fail. When you sit in that position, you have a significant responsibility to your clients to make sure that you\u2019re delivering that in any level of technology,\u201d Oldenburg said.<\/p>\n
Further, she confirmed that the bank already has \u201ca considerable number\u201d of cryptocurrencies that its clients hold off-platform, but added that she does not expect all of those assets to flow into Morgan Stanley\u2019s custody solutions, noting that self-custody remains a natural part of the space, particularly within the Bitcoin community.<\/p>\n
Easing in on crypto<\/h1>\n
Morgan Stanley was once cautious toward crypto-related offerings, but the Wall Street giant has gradually warmed up to the space under a more favourable regulatory climate following the election of United States President Donald Trump.<\/p>\n
Last year, analysts at the firm increased their recommended crypto allocation from 1% to 2% for income and balanced growth portfolios to up to 4% for strategies focused on what they described as \u201copportunistic growth.\u201d They have also called Bitcoin \u201cakin to digital gold,\u201d describing it as a scarce asset that can potentially offer long term value within diversified portfolios.<\/p>\n
The bank has also confirmed plans to offer retail trading services for Bitcoin, Ethereum, and Solana through its E*Trade app as part of its broader digital asset push. Last month, it filed three separate crypto fund registrations tied to these assets.<\/p>\n
<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Banking giant Morgan Stanley has plans to offer multiple Bitcoin-related product offerings in the future, according to its digital assets strategy head Amy Oldenburg. Summary Morgan Stanley is weighing plans…<\/p>\n","protected":false},"author":1,"featured_media":17817,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22857","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=22857"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22857\/revisions"}],"predecessor-version":[{"id":22858,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22857\/revisions\/22858"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/17817"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=22857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=22857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=22857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}