Morgan Stanley plans to launch Bitcoin custody, trading, yield, and lending services

According to Decrypt, Wall Street giant Morgan Stanley manages nearly $9 trillion in client assets, and its new head of digital asset strategy, Amy Oldenburg, stated that the company hopes clients will be able to custody and trade Bitcoin on its platform. When asked if the bank also intends to offer Bitcoin-based yield and lending services, she expressed strong support.

She told Strategy CEO Phong Le at the "Corporate Bitcoin Conference" held in Las Vegas on Wednesday: "These are part of the discussions and explorations, and they are a natural component of Morgan Stanley's roadmap. I think we are still in the very early stages in this regard."