Morgan Stanley’s E-Trade ponders crypto services

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Morgan Stanley’s E-Trade ponders crypto services

05 Jan Crypto News

A Morgan Stanley subsidiary is considering adding cryptocurrency services to its existing TradFi product suite.

Morgan Stanley’s E-Trade is reportedly exploring the possibility of offering cryptocurrency and digital asset trading to its customers, according to The Information on Thursday, Jan. 2. E-Trade currently provides bonds, stocks, index funds, and other traditional financial investment products. Morgan Stanley acquired the brokerage in 2020.

Expectations for crypto-friendly regulations under the President Donald Trump administration are likely a precursor to E-Trade’s potential decision, the report noted.

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