Morgan Stanley Opens Crypto to All Clients

[johnblockbuster]

Starting Oct. 15, Morgan Stanley will let all clients — including those with IRAs and 401(k)s — invest in cryptocurrency funds, CNBC reports. Previously, access was limited to ultra-wealthy investors with $1.5M+ in assets. The move could redirect a portion of the US’s $45.8T retirement assets into crypto.

[Rimon Khan]

That’s a massive step. Opening crypto access to all clients signals how normalized digital assets have become in finance.

[Abdul Khan]

Once banks like Morgan Stanley go all-in, mainstream adoption accelerates. Institutions are finally catching up.