Morgan Stanley Expands Digital Assets Strategy with Bitcoin Services

Morgan Stanley, one of the largest financial institutions in the US, is expanding its digital assets strategy to include Bitcoin custody, trading, lending, and yield-generation services.

The bank's Head of Digital Asset Strategy, Amy Oldenburg, confirmed that a native custody and exchange solution is being developed, which will provide clients with direct access to Bitcoin through a regulated institution.

Adding yield and lending products to the service offering expands Bitcoin's utility beyond simple custody, attracting clients seeking returns on their digital asset holdings. This move follows a broader trend of major banks expanding crypto service offerings to institutional and retail clients.