Morgan Stanley is considering launching a tokenized money market fund and exploring crypto asset tax and lending services.

robot
Abstract generation in progress

ME News Report, April 12 (UTC+8), Amy Oldenburg, Head of Digital Asset Strategy at Morgan Stanley, stated that the bank is weighing the next steps in its crypto roadmap, with tokenized money market funds being the “clear direction forward.” Additionally, Morgan Stanley may explore tax-loss harvesting strategies for digital assets through its subsidiary Parametric and research Bitcoin-based yield and lending services. Previously, Morgan Stanley filed ETF applications for Ethereum and Solana in January, with a spot Bitcoin ETF fee ratio of 0.14%. The bank currently manages $9.3 trillion in client assets and has over 15,000 wealth advisors. (Source: Foresight News)

BTC1.44%
ETH1.64%
SOL2.78%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin