Morgan Stanley, one of many main monetary giants globally, has requested the U.S. Office of the Comptroller of the Currency (OCC) to approve a crypto-focused nationwide belief financial institution. OCC data present that the submitting was acquired on February 18, 2026.
Morgan Stanley Digital Trust National Association is the proposed title of the Trust financial institution. It could be primarily based in Purchase, New York, the agency’s headquarters, and search full belief powers. The utility is an indicator of additional institutional enlargement into the regulated digital asset belief and custody provides.
Morgan Stanley Files With OCC For Trust Charter
The utility is listed on the OCC website as a brand new nationwide constitution for a belief financial institution utilizing a holding firm construction. OCC confirmed receipt of this utility on February 18 and has opened the interval for receiving feedback until March 20.
This marks the most recent transfer from the Wall Street big because it continues to enterprise deeper into the crypto house. As CoinGape reported, Morgan Stanley applied for crypto ETFs final month, seeking to present publicity to Bitcoin, Ethereum, and Solana. The agency can be seeking to launch a crypto pockets for custody and tokenized property.
Furthermore, the agency additionally plans to launch crypto buying and selling for its E-trade shoppers this yr, beginning with Bitcoin, Ethereum, and Solana. Meanwhile, it has already opened Bitcoin investments to all its wealth shoppers, who can acquire publicity by means of crypto ETFs.
With its belief constitution submitting, Morgan Stanley joins a number of different crypto companies which are searching for to develop into nationwide belief banks. Ripple, Circle, and Crypto.com have already received conditional approval for his or her belief constitution purposes.
Meanwhile, crypto change Coinbase and Trump-linked World Liberty Financial (WLFI) are nonetheless awaiting a call on their belief constitution utility.
