Gate News reports that on March 24, Morgan Stanley’s Head of Digital Asset Strategy, Amy Oldenburg, stated that Wall Street’s push into crypto is not driven by FOMO but is the result of years of internal work on modernizing financial infrastructure. She pointed out that Morgan Stanley is expanding its digital asset strategy into areas such as trading, asset management, and infrastructure. Previously, the bank’s related activities mainly focused on providing Bitcoin fund exposure for high-net-worth clients and offering spot Bitcoin ETFs on its E*Trade platform, with recent submissions for launching its own spot Bitcoin ETF. Amy Oldenburg revealed that Morgan Stanley plans to support tokenized stock trading on its alternative trading system (ATS, a private trading platform) in the second half of 2026. This platform currently handles stocks, ETFs, and American Depositary Receipts (ADRs). She also emphasized that upgrading decades-old banking core systems, improving system connectivity, and coordinating efforts within the global financial network remain major challenges, despite rising interest in tools like stablecoins and ongoing institutional crypto activities.
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