BlockBeats news, on February 27, according to Decrypt, Morgan Stanley, a Wall Street giant managing nearly $9 trillion in client assets, said its new Digital Assets Strategy Head, Amy Oldenburg, that the company aims to enable its clients to custody and trade Bitcoin on its platform.
When asked if the bank also intended to offer bitcoin-based yield and lending services, she expressed strong support.
She told Strategy CEO Phong Le at the Enterprise Bitcoin Conference in Las Vegas on Wednesday: “These are part of the discussions and explorations, and a natural component of Morgan Stanley’s roadmap. I think we’re still at a very early stage in this area.”