$9 Trillion Morgan Stanley Quietly Files For OCC Trust Charter

$9 Trillion Morgan Stanley Quietly Files For OCC Trust Charter

Morgan Stanley seeks OCC crypto trust charter to custody digital assets. The $8T giant is the first TradFi player yet in the wave of eight conditional approvals.

OCC Opens the Door for Crypto Firms to Operate as National Trust Banks

Key Takeaways The OCC quietly updated language that now lets crypto trust banks operate custody as a core business, not just a side function. Ripple, Circle, Paxos, and Crypto.com are among the firms that now have a clearer legal foundation to operate under federal oversight. Morgan Stanley just filed for a crypto trust charter. The line between crypto and traditional banking is getting thinner. The rule, set to take effect April 1, 2026, makes…

Morgan Stanley Files for New Bank Charter to Offer Crypto Custody - Invest In Crypto News

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Morgan Stanley applies for OCC Bank Charter to Custody Crypto Assets

Morgan Stanley is moving deeper into digital assets by pursuing a de novo national trust charter that would let the firm custody crypto assets for clients and facilitate related trading activities. A public filing with the Office of the Comptroller of the Currency on February 18 identifies the applicant as “Morgan Stanley Digital Trust, National Association.” If approved, the charter would empower the bank to act as a fiduciary, offering custody…

Morgan Stanley applies for OCC bank charter to custody crypto

The Wall Street banking giant has been accelerating its foray into crypto, filing to launch Bitcoin, Ether and Solana ETFs in January.

Morgan Stanley’s OCC Application Is Wall Street Colonizing Crypto’s Back Office

Big banks are focusing on parts of blockchain finance that users can't do without, including custody, settlement and legal infrastructure.