Morgan Stanley: Wall Street's foray into the crypto space is the culmination of years of infrastructure development.

PANews reported on March 25th, citing CoinDesk, that Morgan Stanley's Head of Digital Asset Strategy, Amy Oldenburg, stated that Wall Street's foray into the cryptocurrency space is not driven by fear of missing out, but rather by the culmination of years of infrastructure modernization. The bank is expanding its digital asset strategy around trading, asset management, and infrastructure, planning to support tokenized stock trading on alternative trading systems in the second half of 2026. Oldenburg pointed out that upgrading decades-old banking systems and coordinating global financial networks remain major challenges, although interest in instruments such as stablecoins is growing, and institutional crypto activity is quietly accumulating.

Oldenburg stated that founders often underestimate the complexity of the banking system, and there is a gap between crypto startups and large institutions. Despite weak token prices, related activity continues to accumulate, and the deep integration of Wall Street and crypto is still in its "very early stages."