Morgan Stanley is considering the development of a tokenized money market fund as part of its expanding cryptocurrency strategy, according to Amy Oldenburg, Head of Digital Assets Strategy. The bank is also exploring tax-loss harvesting strategies for digital assets through its subsidiary, Parametric, and researching yield and lending services based on Bitcoin.
Earlier this year, Morgan Stanley filed applications for Ethereum and Solana ETFs, with a fee ratio of 0.14% for its spot Bitcoin ETF. The bank, which manages $9.3 trillion in client assets and employs over 15,000 wealth advisors, continues to advance its presence in the digital asset space.
Morgan Stanley Eyes Tokenized Money Market Fund and Crypto Services
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