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‘Not Going to Stop at Bitcoin’: Morgan Stanley Weighs Tokenization, Tax Solutions in Crypto Push

‘Not Going to Stop at Bitcoin’: Morgan Stanley Weighs Tokenization, Tax Solutions in Crypto Push

In brief

  • Amy Oldenburg, head of digital-asset strategy at Morgan Stanley, sees a tokenized money-market fund as a natural path forward for its crypto roadmap.
  • What’s more, the investment bank with $9.3 trillion in client assets could explore tax-lost harvesting strategies for digital assets via the subsidiary Parametric.
  • The firm has an army of more than 15,000 wealth advisors that gained the ability to pitch third-party spot Bitcoin ETFs to eligible clients last year.

The debut of Morgan Stanley’s spot Bitcoin ETF marked a major milestone on Wednesday for the investment bank with $9.3 trillion in client assets, but the financial powerhouse is already weighing what could be next when it comes to crypto.

The firm filed applications in…

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