TL;DR
- Morgan Stanley will launch its first proprietary crypto wallet in November 2026, exclusively for US wealth management clients, providing direct custody and management of cryptocurrencies.
- The wallet will include Bitcoin, Ethereum, and other selected assets, integrating with portfolio management systems to offer a unified, real-time view of holdings.
- Security will rely on multi-party computation (MPC) and a regulated custodian, eliminating single points of failure.
Morgan Stanley will launch its first proprietary crypto wallet in November 2026, targeting a select group of clients in the United States. The product will allow direct custody and management of cryptocurrencies within the bank’s traditional investment ecosystem.
The wallet will initially support Bitcoin (BTC), Ethereum (ETH), and a limited selection of other digital assets. Clients will be able to view their crypto holdings alongside stocks, bonds, and other instruments within the same interface, providing a unified, real-time view of total wealth.
Morgan Stanley Prepares to Compete in the Crypto Market
Security will be central to the design. The wallet will use multi-party computation (MPC) technology, splitting private key control across multiple secure systems and eliminating single points of failure. Morgan Stanley will also work with a regulated custodian to safeguard assets, adhering to institutional risk and compliance standards.
Integration with portfolio management systems will allow cryptocurrencies to be managed without leaving the bank’s regulatory and advisory framework. The wallet is designed to provide direct ownership of assets, without relying solely on funds, derivatives, or third-party products.
ETFs, Wallets, and More
Morgan Stanley continues to expand into the crypto industry, with multiple crypto ETF filings and now its own wallet in development. The firm aims to compete directly with crypto-native platforms and other banks, such as Fidelity and JPMorgan, which are also adapting their infrastructure to integrate digital assets.
Although the wallet will initially be exclusive to wealth management clients, it will lay the groundwork for incorporating cryptocurrencies as a standard component of portfolio management.
Morgan Stanley will integrate the wallet with its internal analysis and reporting systems, enabling intuitive, accessible views of exposures, position changes, and performance results.
With this solution, Morgan Stanley brings direct cryptocurrency ownership into its traditional offering, unifying digital and traditional assets in a single portfolio, providing secure custody, and ensuring regulatory compliance and institutional-quality oversight
