- A spokesperson confirmed that Morgan Stanley partnered with zerohash to expand the features of E*Trade to include crypto trading.
- The platform will initially support Bitcoin, Ethereum, and Solana trading upon launch in the first half of 2026.
Morgan Stanley, the American multinational investment bank with $1.71 trillion in assets under management (AUM), revealed that it will launch cryptocurrency trading features on the E*Trade platform. The move comes hot on the heels of its partnership with zerohash.
Morgan Stanley’s E*Trade Platform
E*Trade is an electronic platform that Morgan Stanley acquired in 2020 to provide financial services to retail customers. It offers a suite of tools, including market intelligence insights, personalized advice from financial advisors, banking solutions, and brokerage services.
Meanwhile, its brokerage services cover trading and management of assets, such as stocks, exchange-traded funds (ETFs), mutual funds, options, and bonds.
Partnership Between Morgan Stanley and zerohash
On Tuesday, zerohash announced that it had just successfully accumulated $104 million from a Series D-2 raise, increasing its funding to $275 million. This also led to a milestone in the digital asset infrastructure provider as the achievement increased its valuation to $1 billion, allowing it to cross the unicorn status.
Integrating zerohash’s infrastructure lets businesses unlock seamless crypto, stablecoin, and tokenization solutions for customers. Morgan Stanley, being one of the companies that injected significant investment in zerohash’s latest fundraise, has effectively forged a partnership with the blockchain-related firm. The development paves the way for the inclusion of crypto trading in E*Trade to expand its offerings.
The other institutions that led zerohash’s recent funding round were SoFi, Apollo-managed funds, Jump Crypto, Northwestern Mutual Future Ventures, FTMO, IMC, Liberty City Ventures, PEAK6, Tastytrade, and Nyca Partners.
Morgan Stanley’s Support for Crypto Trading
Leveraging zerohash’s infrastructure, Morgan Stanley targets the launch of crypto trading on E*Trade by the first half of 2026. A spokesperson confirmed to Reuters that the platform will initially support trades in Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
So far, E*Trade only provides trading of ETFs related to BTC and ETH. It’s unclear whether it will roll out compatibility with other crypto assets after launch.
Morgan Stanley adds to the long line of traditional finance institutions already supported by zerohash. Currently, the infrastructure provider powers solutions across five million users in 190 countries. Its portfolio includes big clients like BlackRock’s BUIDL Fund, Franklin Templeton, Interactive Brokers, Stripe, Kalshi, Lightspark, Shift4, DraftKings, Tastytrade, and Trade Republic.
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