Morgan Stanley is preparing to roll out a proprietary digital wallet in the second half of 2026, signaling its growing commitment to cryptocurrency and tokenized real-world assets. The wallet will allow clients to store and manage not just Bitcoin, Ethereum, and Solana, but also tokenized versions of stocks, bonds, and real estate, with plans to expand the types of assets supported over time.
Jedd Finn, the bank’s head of wealth management, told Barron’s, “This reflects recognition that the financial service infrastructure is changing. Over time, as infrastructure develops, we will be able to do more with blending traditional finance and decentralized finance ecosystems.”
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Building on Crypto Access and ETF Expansion
The digital wallet launch follows Morgan Stanley’s September 2025 announcement that E*Trade users would soon be able to trade Bitcoin, Ethereum, and Solana. The firm has also filed S-1 registration statements with the SEC for its own Bitcoin, Ethereum, and Solana ETFs, a move that surprised analysts like Bloomberg Intelligence’s James Seyffart, who admitted he “did not see this coming.”
Morgan Stanley noted that the approval of spot Bitcoin ETFs in January 2024 could reshape global perceptions of digital assets. Since going live, U.S. Bitcoin ETFs have seen over $1.6 trillion in cumulative trading volume, with BlackRock’s IBIT standing out as the fastest-growing ETF in history.
Infrastructure and Strategic Partnerships
The bank has backed its digital expansion with significant infrastructure investments. Last September, it participated in Zerohash’s $104 million Series D-2 funding round, a partnership that will enable Bitcoin, Ethereum, and Solana trading on E*Trade starting in early 2026.
Finn noted that the strategy is about “adapting to change in the industry and in some cases driving that change.” Morgan Stanley’s push reflects a broader Wall Street trend, with competitors like JPMorgan reportedly exploring crypto trading services for institutional clients, including potential spot and derivatives offerings.
Morgan Stanley’s upcoming digital wallet positions the bank to bridge traditional finance and crypto in a unified platform, catering to both high-net-worth investors and mainstream clients. By integrating tokenized assets, expanding ETF offerings, and leveraging infrastructure partnerships, the firm is signaling that digital assets are no longer niche but an integral part of modern financial services. As 2026 unfolds, the wallet launch could mark a pivotal step in Wall Street’s embrace of crypto and tokenized financial instruments.
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