Overview

• At launch, E*Trade clients will be able to trade bitcoin, ether and solana, according to the company.
• Morgan Stanley is adopting a partner model with Zerohash for liquidity, custody and settlement and has taken an investment stake in the startup.
• Zerohash said it raised $104 million at a $1 billion valuation in a funding round that included Morgan Stanley.
• The firm is building a custodian-grade wallet system and is preparing to support tokenized versions of traditional financial assets.
• Coverage highlights a more supportive U.S. regulatory climate as competitors such as Robinhood offer direct crypto trading and Charles Schwab provides crypto-linked ETFs.