Morgan Stanley said real-world asset tokenization is the next major step in its global business and plans a regulated integration of traditional and digital assets. The bank is targeting near-real-time on-chain settlement and a digital wallet for institutions in the second half of 2026. The planned wallet would support tokenized products as well as BTC, ETH, and SOL, expanding on earlier remarks from CFO Sharon Yeshaya that blockchain technology could help client assets and liabilities move more efficiently across the bank’s wealth management platform.