fintech / news / / Benzinga
Morgan Stanley’s 50-basis-point fee is about half of Robinhood's 95 basis points.
Morgan Stanley now charges a 50-basis-point fee for crypto trading, undercutting Robinhood and Coinbase.
KEY POINTS
- Morgan Stanley is developing products to let clients convert crypto into exchange-traded product shares without selling.
- The bank has applied for a national trust bank charter to custody digital assets and will soon offer tokenized equities trading.
- Traditional banks like Morgan Stanley are entering crypto trading as regulatory barriers diminish under the Trump administration.
COMPANIES
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