Majority of America’s top 25 banks now signal crypto plans
Over half of the 25 largest US banks are now weighing or rolling out crypto-related products.
An Aug. 8 status chart shared by River that tracks the giants across two lanes, custody and trading.
The snapshot shows multiple firms moving from “not yet” to “exploring,” “announced,” or restricted access for high-net-worth clients, indicating that digital asset offerings are steadily entering mainstream wealth and capital-markets pipelines.
Concrete moves since early 2024 help explain the shift. Morgan Stanley considered letting its 15,000 brokers recommend spot Bitcoin exchange-traded funds (ETFs) to clients, working on guardrails for suitability and allocations, a sign of expanding distribution beyond unsolicited orders.
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