Morgan Stanley lifts restrictions on wealth clients holding crypto funds, expanding cryptocurrency investment channels to all clients

According to Foresight News, Morgan Stanley informed its financial advisors on Friday that the company is expanding cryptocurrency investment access to all clients and allowing such investments in any type of account, including retirement accounts. Starting October 15, advisors will be able to market cryptocurrency funds to any client. Previously, only those clients with a higher risk tolerance and assets of at least $1.5 million were eligible. Morgan Stanley will rely on automated monitoring processes to ensure clients are not overly concentrated in volatile asset classes.


Last month, Morgan Stanley said its subsidiary E-Trade would soon support trading in Bitcoin, Ethereum and Solana.

Disclaimer: The views in this article only represent the author's personal views and do not constitute investment advice from this platform. This platform does not make any guarantees about the accuracy, completeness, originality and timeliness of the information in the article, nor is it responsible for any losses caused by the use or reliance of the information in the article.