Morgan Stanley Files for Crypto Trust Charter to Custody Bitcoin and Crypto Directly

TLDR: Morgan Stanley manages ~$9.3T in assets and filed for a national trust bank charter to custody crypto. The charter could allow staking services alongside direct custody for its 18 million clients. Morgan Stanley previously described Ripple as a leading SWIFT alternative for international payments. Citi is also building crypto infrastructure as institutional adoption accelerates [...]

The post Morgan Stanley Files for Crypto Trust Charter to Custody Bitcoin and Crypto Directly appeared first on Blockonomi.