Morgan Stanley steps up on crypto: Manager explained and gave a date

Morgan Stanley, which broke new ground among major banks by starting to recommend BlackRock and Fidelity's crypto ETF products to its customers through its financial advisors in the summer of 2024, has not stopped since then. Later, the bank also started to provide spot crypto transactions through the E*Trade platform. The world giant also launched spot ETF products in Bitcoin, Ether and Solana.

Tokenization is coming in 2027

Speaking at the ongoing TOKEN2049 event in Singapore, the bank's Digital Asset Strategy Manager Amy Oldenburg said that they aim to offer tokenized stock services by the first quarter of 2027. Speaking to US media The Block, Oldenburg stated that the transactions will be made through the bank's platform called ATS (Alternative Trading System).

“We are waiting for DTCC's tokenization move”

Stating that they are waiting for the preparations initiated by DTCC, the clearing and custody institution of the US financial markets, for these transactions to be completed, the manager said:

"DTCC is now expected to start tokenization services at the end of this month. Frankly, we expect the institution to start. This start will cause a very serious increase in activity in the market. Since the Clarity Act has not been passed, we do not know exactly which transactions will be allowed. Therefore, we have moved the start from the end of 2026 to the beginning of 2027. We will wait for the Fed to clarify which activities it will allow. Our goal is to move capital market activities to the blockchain..."

Wallet will also come