The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Sign in to access this content
Sign InIn a move reflecting the accelerating institutional adoption of digital assets by major investment banks, Morgan Stanley is planning to bring core cryptocurrency services under its direct internal operations. According to reports, the bank has received preliminary approval from the Office of the Comptroller of the Currency (OCC) to consolidate these functions rather than relying solely on external venues. The plans include providing custody, staking, and lending support for digital assets to its clients.
This strategic shift comes as competitors like Goldman Sachs and BNY Mellon strengthen their digital asset infrastructure, with BNY Mellon having previously launched an integrated custody platform. Per market data, Morgan Stanley's move aims to mitigate third-party operational risks and increase control over crypto asset flows. Notably, the bank was among the first major institutions to grant wealth management clients access to spot Bitcoin ETFs.
Regarding market performance, Morgan Stanley shares (0QYU.L) stood at $225.16 at the close of July 15, 2026. Investors are now looking ahead to the U.S. Federal Reserve's Monetary Policy Report on July 10, 2026, which could influence risk appetite across the banking and crypto sectors, while monitoring support levels near the daily low of $221.58.