Morgan Stanley to offer crypto trading on E*Trade via Zerohash in 2026

Morgan Stanley has partnered with Zerohash, a cryptocurrency infrastructure provider, to enable E*Trade clients to trade cryptocurrency tokens starting in the first half of ￰0￱ will provide liquidity, custody, and settlement ￰1￱ Stanley’s head of wealth management, Jed Finn, confirmed that the bank will roll out major cryptocurrencies, including Bitcoin, ETH, and Solana, first and then seek to build a complete wallet solution for clients ￰2￱ Stanley acquired E*Trade in 2020 in an all-stock transaction valued at approximately $13 ￰3￱ partnership resulted in a combined $3.3 trillion in client assets under ￰4￱ says Morgan Stanley intends to capture both crypto and tokenized assets Jed Finn, head of wealth management at the Investment Bank, confirmed that the bank intends to capture cryptocurrency and tokenized versions of assets, including cash, stocks, bonds, and real ￰5￱ explained that tokenized substitutes for cash begin paying interest as soon as they hit the wallet, adding that the rest of the asset classes will follow suit in seeking such efficiency. 🚨 Morgan Stanley's E*Trade to List Digital Assets in 1H26 in Partnership with ZeroHash. $MS Will Also Invest in ZeroHash's $100M Raise Led by $IBKR , at a Reported $1B ￰6￱ participants include SoFi, Jump, and some Apollo ￰7￱ — matthew sigel, recovering CFA (@matthew_sigel) September 23, 2025 The partnership with Zerohash follows developments from May, when Morgan Stanley revealed that it was exploring a retail crypto service through E*Trade.

Now Zerohash has emerged as the key driver of the bank’s transition towards a complete wallet solution for clients. Zerohash, founded by Edward Woodford, has raised $104 million through series D funding, valuing it at $1 ￰8￱ Brokers led the funding round, which was accompanied by Morgan Stanley, Apollo Global Management, SoFi, and Jump Trading’s crypto ￰9￱ provides backend services to banks and fintech firms, allowing them to offer blockchain-based products in areas such as crypto trading, stablecoins, and tokenized ￰10￱ to Finn, E*Trade clients will be able to transact with digital assets directly through their brokerage accounts, providing an easy entry for retail ￰11￱ collaboration positions the bank as a direct competitor to crypto exchanges and brokerage firms offering similar ￰12￱ notable brokerage firm with over $10.7 trillion in assets under management that expressed interest in providing similar services is Charles ￰13￱ to a Cryptopolitan report , Charles Schwab revealed in July that it will launch spot Bitcoin and Ethereum trading as part of its growth ￰14￱ Rick Wurster confirmed that both BTC and ETH will serve as meaningful drivers for the ￰15￱ shift under Trump spurs brokerage firms to embrace crypto The collaboration between Zerohash and Morgan Stanley’s E*Trade comes amid a regulatory-friendly environment for crypto projects in the ￰16￱ President Donald Trump’s pro-crypto ￰17￱ bills passed so far, including the GENEUS Act, have created a clearer path for brokerage firms and other crypto projects to expand their digital asset ￰18￱ ￰19￱ and Exchange Commission (SEC) also recently approved generic listing standards for commodity-based trust shares, which aim to improve the speed of approving cryptocurrency ￰20￱ rule allows listing exchanges such as NYSE Arca and Cboe BZX to list digital assets without requiring case-by-case approvals, reducing the previously stretched ￰21￱ to a Cryptopolitan report , the decision follows the applications for Solana, Litecoin, and Dogecoin spot ETFs, which are in the pipeline for review with deadlines beginning in ￰22￱ approval of ETFs, particularly Ethereum ETFs and Bitcoin ETFs, fueled the surge in price of ETH and Bitcoin, recording new all-time highs in ￰23￱ growth was largely due to institutional inflows through the ￰24￱ to SosoValue data , Ethereum ETFs alone have a cumulative net inflow of $13.84 billion with total net assets of $27.52 ￰25￱ the other hand, Bitcoin ETFs have a cumulative net inflow of $57.35 billion, with $148.09 billion, which is 6.5% of the total BTC market ￰26￱ you're reading this, you’re already ￰27￱ there with our newsletter .