Morgan Stanley lets all customers utilize digital assets


Morgan Stanley (Nasdaq: MS), one of the largest investment banks and wealth managers in the world, has reportedly told its financial advisors that the company is expanding access to digital asset investments to all customers and account types, as of October 15.

According to a CNBC ReportMorgan Stanley told her advisors that they will be able to offer digital asset funds to customers with individual pension accounts (IRras) and 401Ks (workplace pensions). Previously, the alternative was limited to investors with high net value with at least $ 1.5 million in assets and an aggressive risk tolerance, ie someone who is willing to risk losing money to get potentially better results.

The company said it would rely on an automated monitoring process to ensure that clients are not too concentrated in a digital asset class, which it still considers “volatile. “

The announcement from the US-based investment giant is consistent with the increasing step of the digital asset sector towards mainstream during President Donald TrumpWhich has pointed a change in the view of “crypto” – in the United States and abroad – as his inauguration in January.

The move is not the first sign that Morgan Stanley, one of Traditional economy (Tradfi) Elites have shown interest in getting on board Trump’s pro-crypto agenda. In September, it was revealed that the company was a few months away from offering BTC trading through its e-commerce platform, with the service that is said to be planned for the beginning of 2026.

This was followed in early October by Morgan Stanley’s Global Investment Committee (GIC) with digital assets in its special wealth management Report. Specifically, it recommended that portfolio managers take a “conservative” strategy for the asset class and approved allocations of up to 4%.

The report was the latest in a series issued by GIC that deals with current topics and themes. At The publication on October 1It focused on “asset allocation considerations for Cryptocurrencies.”

“Cryptocurrency has attracted significant attention in recent years, given its major return, increased volatility, growth to $ 4 trillion in market value and increased support from the Trump administration and Congress,” the report said.

GIC described the percentage of several asset portfolios that the recommended would be allocated to Cryptocurrency– -Based different risk profiles: For “pure wealth retention” and/or “income” it recommended a distribution of zero; For “balanced growth” it recommended 2%; For “market growth” it recommended 3%; And for “opportunistic growth” it recommended 4%.

As part of the motivation for its increasing commitment with the digital asset market, GIC said that the considered Cryptocurrency “a speculative and increasingly popular asset class that many investors, but not all, will try to explore.”

But it also lasted its comment on digital assets by saying that its primary focus was BTC, which it considers “a scarce asset, related to digital gold.”

Watch: Richard Baker on Engineering a smarter financial world with blockchain

https://www.youtube.com/watch?v=8xwwprpti1g Title = “Youtube video player” Ramborder = “0” Allow = “Accelerometer; Autoplay; Clipboard writing; encrypted media; Gyroscopes; Image-in-Image; Web-Share” Reference Policy = “Strict-Origin-When-Cross-Origin” Permitting Lorscreen = “” “” “”



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *