Morgan Stanley to Launch Crypto Wallet for Tokenized Assets by 2026
Morgan Stanley, the $1.8 trillion asset management giant, is set to introduce its proprietary crypto wallet by the second half of 2026. The wallet will support tokenized assets, including traditional investments and private-company equity, as part of a broader push into digital finance.
Jed Finn, head of Morgan Stanley Wealth Management, confirmed the initiative, which positions the firm as a direct custodian for clients' digital assets. The integration aims to merge crypto holdings with conventional portfolios, reflecting growing institutional acceptance of blockchain-based securities.
The MOVE makes Morgan Stanley the first major Wall Street institution to develop an in-house digital asset wallet. Its scale guarantees immediate market impact, potentially accelerating institutional crypto adoption across wealth management channels.