Morgan Stanley Will Enable Bitcoin, Ethereum and Solana Trading via E*Trade

Morgan Stanley is working with Zerohash of Crypto and Stablecoin Infrastructure Firm to enable customers of Wall Street Giant’s E*Trade Online Brokerage platform to exchange Bitcoin, Ethereum and Solana. Decryption on tuesday.

New York-based Morgan Stanley is planning to offer wallet services, with the potential to expand to other digital assets. The bank referenced Decryption Article by Bloombergfirst reported the news. The crypto trading service is expected to launch in the first half of 2026, according to the report.

“The underlying technology is proven and the blockchain-based infrastructure is clearly here to stay,” said Jed Finn, head of wealth management at Morgan Stanley. Bloomberg. “Clients need to have access to digital assets, traditional assets, and cryptocurrencies, all in the same ecosystem they’re used to.”

Morgan Stanley has been one of many traditional financial companies in recent years that have been aiming to strengthen cryptographic products. In January, Ted Pick, the company’s CEO and chairman, said CNBC To see how banks work with regulators to securely provide crypto services.

Last year, Morgan Stanley Greenlit Financial Advisors promoted its then-growing spot Bitcoin ETF to its clients, providing wealthy clients with access to Bitcoin investment funds in 2021.

In the second quarter of this year, online trading platform Robinhood generated $160 million in crypto trading revenue in the second quarter, up 98% from a year ago despite US President Donald Trump’s headwinds from the world trade war.

Last year, then CEO of brokerage and consulted Charles Schwab, Rick Wurster, said the company plans to enter the spot crypto market after US regulations provided a clearer path. Schwab currently offers exposure to Crypto via ETFs and mutual funds.

In a shared statement DecryptionZero Hash CEO Edward Woodford said, “Morgan Stanley’s Zero Hash strategic shares highlight the key role infrastructure plays… in digital finance.”

“This partnership represents a major step forward in bringing digital asset technology into the mainstream and we are proud to unlock the potential of institutions and their clients around the world,” Woodford said.

In a statement, Zerohash CFO Adam Berg said the financial giants are lined up to jump into the code.

“All financial institutions are trying to innovate this technology at scale by providing access to crypto asset classes,” Berg said. “I recently met CEOs and financial services executives of multiple large banks, many of whom say they drive innovations on the chain with their own companies for over 50% of their time.”

Apart from that, Morgan Stanley was one of several investors participating in HashDex’s $104 million Series D Venture Capital Round, according to a press release.

HashDex raised a total of $275 million in multiple rounds. Brokerage Interactive Brokers led the latest round, along with Morgan Stanley and others, with participation from Sofi and Jump Crypto.