Morgan Stanley launches digital asset lab to test stablecoins, Frank Chaparro notes

Morgan Stanley launches digital asset lab to test stablecoins, Frank Chaparro notes
Wall Street deepens crypto expansion

Frank Chaparro reports that Wall Street is ramping up its engagement with crypto assets.

Morgan Stanley has established a Digital Asset Lab aimed at experimenting with stablecoins, tokenized deposits, DeFi vaults, and tokenized money market funds. Meanwhile, Goldman Sachs is integrating its roughly $100 billion FTIXX Treasury fund into institutional crypto settlement solutions.

Earlier, Frank Chaparro relayed views from the Digital Chamber’s Convergence Forum that stablecoins could grow tenfold as onchain volumes increase. He also reported Robinhood's move into IPO underwriting, starting with the Oura debut and outlining possible implications for retail allocation in a recent article. These developments come as traditional financial institutions expand their crypto strategies.

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