Morgan Stanley will partner with Zero Hash to provide cryptocurrency services to E * Trade clients

Morgan Stanley is teaming up with Zero Hash, a cryptocurrency infrastructure provider, to allow customers of E * Trade (an online securities brokerage for individual investors) to trade popular cryptocurrencies starting in the first half of next year. According to Jed Finn, head of wealth management at Morgan Stanley, the company will be the first to support Bitcoin, Ethereum and SOL. Allowing customers to trade cryptocurrencies directly is just the "first phase", and the company will also build a complete wallet solution for customers. The underlying technology has been proven to work, and blockchain-based infrastructure is clearly here to stay.
Finn said in the interview that customers should be able to access digital assets, traditional assets, and cryptocurrencies simultaneously in an ecosystem they are familiar with.
The tie-up marks an accelerating push by big banks into the digital asset space following a major shift in U.S. regulatory policy pushed by President Trump after he took office early this year. Bloomberg reported in May that Morgan Stanley is devising plans to include cryptocurrency trading on its E * Trade platform, while others, including Charles Schwab Corp., have unveiled similar plans.