Morgan Stanley Teams With Zero Hash to Bring Crypto Trading to E*Trade
Morgan Stanley’s partnership with Zerohash will provide E*Trade users with access to cryptocurrency trading starting in 2026, alongside a significant investment in Zerohash’s $100M funding round.
BTC
ETH
SOL
Fact Check
Multiple sources confirm that Morgan Stanley's E-Trade is planning to offer cryptocurrency trading. The connection to Zero Hash is strongly implied by a job posting for a 'Vice President - Crypto Product Management' at E*TRADE which includes a detailed company description of Zero Hash, indicating a partnership or the use of their platform for the service.
Summary
Morgan Stanley confirmed plans to offer cryptocurrency trading on E*Trade starting in early 2026, featuring Bitcoin, Ethereum, and Solana. Through its partnership with Zerohash, the bank will provide liquidity, custody, and settlement services. Morgan Stanley also participated in Zerohash’s $100 million Series D funding round, valuing the company at $1 billion. This move positions Morgan Stanley to compete with other financial firms like Charles Schwab, which plans to launch crypto trading in 2025.
Terms & Concepts
- Crypto Infrastructure Provider: A company that offers backend services and systems to support cryptocurrency trading, custody, and transactions for financial institutions.
- Wallet Solution: A software or hardware system that stores cryptocurrency private keys securely, enabling users to send and receive digital assets.
- Tokenization: The process of using blockchain technology to create digital versions of traditional assets, like stocks and bonds, for easier management and trading.