Morgan Stanley is considering launching a tokenized money market fund and exploring crypto asset tax and lending services.

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ME News, on April 12 (UTC+8), Amy Oldenburg, Head of Digital Asset Strategy at Morgan Stanley, said the firm is weighing the next steps in its crypto roadmap, and that tokenized money market funds are a “clear direction forward.” In addition, Morgan Stanley may explore tax-loss harvesting strategies for digital assets through its subsidiary Parametric and study Bitcoin-based yield and lending services. Previously, Morgan Stanley filed ETF applications for Ethereum and Solana in January, and its spot Bitcoin ETF has a fee ratio of 0.14%. The firm currently manages $9.3 trillion in client assets and has more than 15,000 wealth advisors. (Source: Foresight News)

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