Morgan Stanley launches Digital Asset Lab to test stablecoins and DeFi
Morgan Stanley has established a Digital Asset Lab to test stablecoins, tokenized financial products and decentralized finance applications within its business. SummaryThe lab will examine tokenized deposits, digital currencies, money-market funds and DeFi vaults.Morgan Stanley already offers crypto trading through E*TRADE and has launched Bitcoin, Ether and Solana investment products.Its stablecoin reserve fund gives issuers a way to hold backing assets in a government money-market portfolio. Bloomberg reported on Sep. 29 that the lab is part of Morgan Stanley‘s existing network of innovation labs. Employees can use it to examine blockchain applications without testing them on the bank’s core systems. Megan Brewer, who leads market innovation and labs at Morgan Stanley, told Bloomberg that the work will cover tokenized deposits, central bank digital currencies, money-market funds and DeFi vaults. Among the questions for the bank is how software could carry out investment strategies around the clock. The lab adds a research setting to a business that already gives clients several ways to access digital assets. Its tests may cover different parts of a transaction, from the form money takes when it moves to how an investment is recorded or managed. You might also like: Morgan Stanley ETF buys $15M Bitcoin during dip Morgan Stanleys Digital Asset Lab









