Morgan Stanley’s E-Trade brokerage is preparing to launch cryptocurrency trading in the first half of 2026, backed by infrastructure from ZeroHash, which just secured $104 million in Series D-2 funding with Morgan Stanley as a participating investor.
The Series D-2 funding round was led by Interactive Brokers and attracted major institutional participants including Apollo managed funds, Northwestern Mutual Future Ventures, SoFi, Jump Crypto, and IMC.
According to CNBC and Bloomberg, ZeroHash will serve as the infrastructure backbone for Morgan Stanley’s crypto trading plans, providing liquidity, custody and settlement services. The platform already supports major…