Morgan Stanley Tests DeFi Vaults as Crypto Plans Expand

TLDR Morgan Stanley has launched a Digital Asset Lab to test blockchain-based financial tools. The bank is studying DeFi vaults, stablecoins, tokenized deposits and tokenized money-market funds. Morgan Stanley has not announced any client-facing DeFi vault product or launch date. The lab will examine how blockchain tools could support payments, investment management and asset transfers. [...]

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