According to a Bloomberg report, Morgan Stanley has filed for a de novo national trust bank charter. This charter would enable the financial institution to custody digital assets and offer staking services. The development signals a growing interest from traditional finance in the cryptocurrency space, as institutions seek to provide services related to digital assets. The move by Morgan Stanley to pursue a bank charter reflects the increasing demand for regulated and secure custody solutions within the evolving digital asset landscape.

According to a Bloomberg report, Morgan Stanley has filed for a de novo national trust bank charter. This charter would enable the financial institution to custody digital assets and offer staking services. The development signals a growing interest from traditional finance in the cryptocurrency space, as institutions seek to provide services related to digital assets. The move by Morgan Stanley to pursue a bank charter reflects the increasing demand for regulated and secure custody solutions within the evolving digital asset landscape.