Overview

• At launch, E*Trade clients will be able to trade bitcoin, ether and solana, according to the bank.
• Zerohash will provide liquidity, custody and settlement for the service, and Morgan Stanley has taken an investment stake in the firm.
• Zerohash said it raised $104 million in a round led by Interactive Brokers, reaching a $1 billion valuation with participation from Morgan Stanley and SoFi.
• Morgan Stanley calls trading the 'tip of the iceberg' as it builds a robust wallet infrastructure to custody client digital assets.
• Executives describe a multi‑phase strategy that anticipates helping clients hold tokenized versions of traditional financial assets as regulatory conditions grow more permissive and competition from firms like Robinhood and Charles Schwab intensifies.