11:28 AM EDT, 09/23/2025 (MT Newswires) -- (Updates with Zerohash response in the third paragraph and recent share movement in the final paragraph).
Morgan Stanley ( MS ) is working with cryptocurrency infrastructure company Zerohash that would allow clients of the bank's E*Trade unit to trade crypto coins starting in H1 2026, Bloomberg reported Tuesday.
The first cryptocurrencies that will be traded are bitcoin (BTC-USD), ether (ETH-USD), and solana (SOL-USD), the report said, citing Morgan Stanley's ( MS ) head of wealth management Jed Finn.
"Morgan Stanley's ( MS ) strategic stake in zerohash underscores the critical role infrastructure plays in helping enable the next generation of digital finance," Zerohash Chief Executive Edward Woodford said in a statement emailed to MT Newswires. "This partnership represents a major step forward in bringing digital asset technology into the mainstream," Woodford added.
Morgan Stanley ( MS ) did not immediately respond to a request for comment from MT Newswires.
Morgan Stanley ( MS ) shares were up 1.3% in recent trading.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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