Morgan Stanley has submitted an application to establish a national digital asset trust bank, marking another step in the firm’s expanding involvement in the crypto sector.

According to a public listing from the Office of the Comptroller of the Currency (OCC), the bank received Morgan Stanley’s application on February 18, 2026.

The proposed entity, named Morgan Stanley Digital Trust, National Association (MSDTNA), would operate as a federally chartered trust institution focused on digital asset services. The OCC has published non-confidential portions of the business plan.