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

CoinFeed 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 its alternative trading system 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 tools such as stablecoins is growing, and institutional crypto activity is quietly building. Oldenburg stated that founders often underestimate the complexity of banking systems, and a connection gap exists between crypto startups and large institutions.