Morgan Stanley, the financial giant with more than 90 years of experience and approximately $9 trillion under management, announced that it will launch its own digital asset wallet later this year. According to the first details, the tool will be focused on the management of tokenized assets.
The information was revealed this January 8 by Jed Finn, director of Wealth Management of the firm, in an exclusive interview with the media. Barron’s. Although the technical details of the development are still reserved, The announcement confirms a radical change in the entity’s perspective towards the cryptocurrency ecosystem.
This move marks the end of an era of institutional skepticism. Until 2023, the company maintained an almost total veto on direct investments in bitcoin (BTC). However, the picture changed with the approval of spot bitcoin ETFs on Wall Street in early 2024.
At that time, the firm allowed its 15,000 financial advisors to actively offer these products, as reported at the time. CryptoNews.
For 2025, Morgan Stanley formally lifted restrictions that prevented the majority of their clients from accessing investments in crypto assets. The launch of this proprietary wallet seeks to deepen this integration, allowing not only custody, but also the management of tokenized real-world assets (RWA).
It should be noted that Morgan Stanley joins a growing trend of institutional infrastructure. Last December, IBM also launched a wallet service aimed at large institutions, underscoring the race by large firms to control digital custody in 2026.