Morgan Stanley will offer cryptocurrencies through its E*Trade Platform: Report
By Hannah Pérez
E*Trade executives see crypt as the next logical step in the face of Trump’s friendly policies. Morgan Stanley plans to add Bitcoin trade to cash in 2026, in alliance with companies in the sector.
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- The E*Trade, subsidiary of Morgan Stanley’s brokerage platform, works to add crypts.
- Morgan Stanley could be associated with cryptocurrency companies to carry out their plans.
- They intend to add Bitcoin trade and other tokens in 2026, but there is still no date.
- Trump’s friendly policies motivate the bank to move towards cryptocurrencies.
The Financial Giant based in New York, Morgan Stanleyyou are preparing to offer cryptocurrency trade to your customers through your platform E*Tradehe communicated Bloomberg Thursday.
According to the report, which cites people with knowledge in the matter, Morgan Stanley He is working on plans to add cryptocurrency services to cash, a movement that would potentially convert the bank into one of the largest traditional financial institutions in the United States to expand to the new class of assets and offer direct access to everyday customers.
Morgan Stanley It could be associated with «One or multiple established cryptocurrency companies» with the aim of adding the infrastructure to allow customers of their brokerage division to buy and sell tokens such as Bitcoin and Ethereumthe report continues, not to mention names.
The plans are still in an initial stage and there is no specific launch schedule. Although the sources advanced that bank executives plan to launch the service at some time in 2026.
Morgan Stanley sees interest after Trump’s entrance
The report seems to confirm a previous report of The Informationpublished in January, which then advanced that E*Trade He was exploring the possibility of launching digital asset services.
Both publications emphasize that the friendly regulations with cryptocurrencies under the administration of President Donald Trump are pushing Morgan Stanley in this direction; Especially after federal agencies in the United States have begun to eliminate barriers so that banks interact with the asset class.
Trump was a member about digital currencies during his election campaign last year, while receiving donations from businessmen in the sector and promised to turn the United States into a global cryptocurrency center.
In the little more than 100 days in office, the president has fulfilled several of his cryptocurrency promises. Trump signed to create a strategic reserve of Bitcoin and has urged legislators to leave a bill to regulate Stablecoins before August.
Securities regulators have also lowered their guard, leaving behind their strict tone with the sector, while the Federal Reserve, the Federal Corporation of Deposit Insurance and other agencies that represent banks in the United States, have withdrawn their previous orientation so that the country’s banking and financial institutions avoid at all costs the cryptocurrencies.
Discussions within Morgan Stanley On a possible expansion to cryptocurrencies they began to gain impulse at the end of last year, said the people who spoke with Bloomberg.
E*Trade would include cryptocurrencies for the first time
Morgan Stanley It is not new in the world of digital currencies. The bank already offers funds quoted in the stock market (ETF) of Bitcoinas well as ETF options and cryptocurrency futures to their wealthy customers.
E*Tradeacquired at the end of 2020 by the investment giant, it is a subsidiary brokerage and investment platform of Morgan Stanley which provides trade services, shares, indexed funds, ETFs and other traditional financial investment products, but still does not include cash cryptocurrencies.
If digital currencies effectively adopt, the Bank’s subsidiary could represent direct competition for platforms established as Robinhood either Coinbasedepending on how the initiative takes shape.
According to the report, bank executives have expressed to add Cryptocurrency trade in cash is the next logical step for E*Trade.
Hannah Estefanía Pérez / Diariobitcoin
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