Morgan Stanley and Charles Schwab are rushing into crypto: what do they see coming?
CryptoSlate
Morgan Stanley and Charles Schwab are launching direct crypto trading to recapture client revenue currently flowing to external crypto-native platforms.Summary
Major financial institutions Morgan Stanley and Charles Schwab are integrating direct cryptocurrency trading into their platforms to prevent revenue leakage to external exchanges. Recognizing that their clients already hold significant portions of spot crypto ETPs, these firms are building internal infrastructure to keep trading activity within their ecosystems. This strategic move, supported by an evolving regulatory landscape, aims to centralize crypto assets and execution alongside traditional brokerage services to improve client retention and capture future market growth.
(Source：CryptoSlate)