Finance

Morgan Stanley Taps Partner to Offer Crypto to E*Trade Clients

E*Trade Partnership Marks High-Margin Growth Play: ZeroHash CEO

Morgan Stanley is partnering with cryptocurrency infrastructure provider Zerohash to let E*Trade clients trade popular coins beginning in the first half of next year.

The firm will start with major cryptocurrencies Bitcoin, Ether and Solana, according to Jed Finn, Morgan Stanley’s head of wealth management. Allowing clients to trade coins is just “phase one,” he said, adding that the firm will next seek to build a full wallet solution for clients.