Morgan Stanley Launches Digital Asset Lab for DeFi and Stablecoin Research
Morgan Stanley has established an internal 'Digital Asset Lab' to explore stablecoins, asset tokenization, and decentralized finance (DeFi). While the bank is researching these technologies, it has not announced specific commercial products or timelines. This initiative builds on the bank's existing digital asset strategy, which includes offering Bitcoin, Ethereum, and Solana access to certain clients via E*Trade.
Summaries are written by AI from the original article. Not investment advice.