Morgan Stanley Plans to Launch Bitcoin Custody, Trading, Yield, and Lending Services

BlockBeats News, February 27th, according to Decrypt, Wall Street giant Morgan Stanley, which oversees nearly $9 trillion in client assets, its newly appointed head of digital asset strategy Amy Oldenburg stated that the company hopes clients will be able to custody and trade Bitcoin on its platform.

When asked if the bank also intends to offer Bitcoin-based yield and lending services, she expressed strong support.

Speaking at the "Corporate Bitcoin Conference" held in Las Vegas on Wednesday, she told Strategy CEO Phong Le: "These are part of the discussions and explorations and also a natural part of Morgan Stanley's roadmap. I think we are still in a very early stage in this regard."