Morgan Stanley Establishes Internal Digital Asset Lab

Morgan Stanley has launched an internal Digital Asset Lab to test stablecoins, tokenization, and DeFi solutions. The lab aims to evaluate potential use cases before integrating them into the bank's core infrastructure. Amy Oldenburg, head of digital asset strategy, noted that the bank is focusing on institutional business and wealth management, with a particular interest in the infrastructure benefits of tokenization. The bank has previously launched products including the Stablecoin Reserves Portfolio (MSNXX) and a Bitcoin-based exchange-traded product (MSBT).