Morgan Stanley will partner with Zero Hash to provide cryptocurrency services to E*Trade customers
According to online reports, Morgan Stanley is working with cryptocurrency infrastructure provider Zero Hash to allow customers of E*Trade, an online securities brokerage firm for individual investors, to trade popular cryptocurrencies starting in the first half of next year. According to JedFinn, head of wealth management at Morgan Stanley, the company will be the first to support Bitcoin, Ethereum and SOL. Allowing customers to directly trade cryptocurrencies is only the "first stage", and the company will also create a complete wallet solution for customers. The underlying technology has proven effective, and blockchain-based infrastructure will obviously exist for a long time. Finn said in an interview that customers should be able to simultaneously access digital assets, traditional assets and cryptocurrencies in the ecosystem they are familiar with. The cooperation marks the acceleration of the deployment of digital assets by large banks following a major shift in U.S. regulatory policy promoted by President Trump after taking office earlier this year. Bloomberg reported in May this year that Morgan Stanley was developing plans to include cryptocurrency trading on its E*Trade platform, including Charles Schwab Corp. Other companies, including others, have also announced similar plans.
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