Morgan Stanly to offer crypto trading through E*Trade following zerohash investment
Morgan Stanley is preparing to offer crypto trading to retail customers through its E-Trade platform, according to reports. The Wall Street giant is working with zerohash on the plans after joining a $104 million funding round for the crypto and stablecoin infrastructure platform.
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Interactive Broker led the Series D-2 raise for zerohash, with Morgan Stanley, SoFi, Apollo-managed funds, Jump Crypto, Northwestern Mutual Future Ventures, FTMO, IMC and Liberty City Ventures all participating.
Citing a memo, CNBC says that zerohash will help Morgan Stanley with liquidity, custody and settlement…