Morgan Stanley to Launch Institutional Crypto Wallet by 2026, Signaling Wall Street’s Blockchain Shift
Morgan Stanley is preparing to launch a proprietary crypto wallet for institutional clients in the second half of 2026, according to Bloomberg. The $1.7 trillion asset manager's MOVE focuses on custody solutions and tokenized assets rather than retail speculation, marking a strategic pivot toward blockchain-based finance.
The wallet will support tokenized real-world assets (RWAs), private equity holdings, traditional securities, and potentially major cryptocurrencies. This follows Morgan Stanley's recent integration of virtual products trading via E*Trade and expansion in private markets through partnerships with Carta and EquityZen.
Wall Street's embrace of tokenization through such institutional-grade infrastructure suggests a fundamental reimagining of wealth storage and transfer mechanisms. The development underscores growing recognition of blockchain's role in modernizing legacy financial systems.
