Morgan Stanley Expands Crypto Strategy Amid Rising AI Token Competition
Morgan Stanley reinforces its crypto ambitions with the appointment of Amy Oldenburg to lead its newly formed digital assets unit. The veteran executive, with over two decades at the firm, will oversee the rollout of crypto ETFs and a proprietary wallet—signaling Wall Street's deepening institutional embrace of blockchain technology.
Meanwhile, AI-driven tokens are gaining traction as alternatives to established projects. DeepSnitch AI has reportedly raised $1.37 million in presale funding amid speculative 300x return projections, outperforming competitors like BlockDAG and Ozak AI in early-stage momentum.