Morgan Stanley Explores Bitcoin Lending and Yield Services
- Morgan Stanley is exploring lending and yield products tied to Bitcoin as part of developing its native custody and trading infrastructure.
- The bank plans to allow E*Trade customers to buy and sell spot crypto before launching its own custody and exchange solution.
- Amy Oldenburg, head of digital assets, emphasized the importance of in-house technology for Morgan Stanley’s scale, operating in 17 of the top 20 countries by crypto adoption.
- In January, Morgan Stanley Investment Management filed for Bitcoin, Ethereum, and Solana exchange-traded products.
- The bank advises clients to limit Bitcoin exposure to a range of 2% to 4% of portfolio assets.
Morgan Stanley is advancing its digital asset services by exploring Bitcoin lending options and preparing to offer crypto trading through E*Trade. The bank emphasizes the need for proprietary technology due to its global reach in major crypto markets.
Source (3.2)https://cryptobriefing.com/morgan-stanley-bitcoin-lending-services/?rand=59535
