Morgan Stanley Expands Crypto Access to All Clients
Morgan Stanley is broadening its cryptocurrency offerings, enabling all clients to invest in digital asset funds starting October 15. The move marks a significant shift from the bank's previous policy, which restricted crypto investments to high-net-worth individuals.
The expansion includes retirement accounts, signaling institutional recognition of cryptocurrencies as a legitimate asset class. Financial advisors will now have the authority to recommend crypto fund investments across Morgan Stanley's client base.