Morgan Stanley: Wall Street’s Crypto Push Has Been Years in the Making

Morgan Stanley digital asset strategy chief Amy Oldenburg said Wall Street’s move into crypto is not short-term FOMO, but the result of years spent by banks building financial infrastructure, compliance frameworks and trading capabilities. Major financial institutions’ continued focus on stablecoins and asset tokenization shows that digital assets are gradually becoming part of the traditional financial services system.

Morgan Stanley has recently been expanding its digital asset strategy across trading, asset management and infrastructure. It plans to support tokenized equities through its alternative trading system in the second half of 2026. Reports did not disclose an investment amount, but the timeline underscores how Wall Street is moving beyond research and preparation to launch concrete products and trading services.