Morgan Stanley Wealth Management and Galaxy Digital Announce Referral Capability for In-Kind Creation of Spot Crypto ETP Shares
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14 Articles
Las Vegas Sun
Morgan Stanley Wealth Management and Galaxy Digital Announce Referral Capability for In-Kind Creation of Spot Crypto ETP Shares
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Morgan Stanley and Galaxy Launch New Path for Clients to Convert Crypto Into Spot ETP Shares
Morgan Stanley Wealth Management partnered with Galaxy Digital, expanding into crypto. The bank will now let eligible clients lend crypto and receive spot crypto ETP shares. Clients can use Bitcoin (BTC), Ether (ETH), and Solana (SOL) to obtain ETP exposure. Morgan Stanley Wealth Management announced a new referral arrangement with Galaxy Digital. The initiative allows eligible clients to lend cryptocurrencies to Galaxy and receive shares of spo…
Morgan Stanley Wealth Management and Galaxy Digital announced an alliance that will allow high-income customers to use Bitcoin, Ethereum and Solana as a guarantee to receive shares in listed products linked to cryptocurrencies. The initiative seeks to integrate digital assets into traditional portfolios without the bank having to directly guard cryptocurrencies. *** Eligible customers may lend BTC, ETH or SOL to Galaxy Digital to receive shares …
Morgan Stanley, through its collaboration with Galaxy Digital, enables its clients to convert their crypto assets into spot crypto exchange-traded fund (ETF) shares by lending them out. Morgan Stanley, one of the world's leading financial giants... Morgan Stanley's Institutional Revolution in Crypto: ETF Trading...
Morgan Stanley teams with Galaxy Digital to let wealthy clients swap crypto for ETP shares
Morgan Stanley Wealth Management and Galaxy Digital just launched a referral partnership that allows qualified clients to lend their crypto assets to be used as collateral in exchange for receiving shares of spot crypto exchange-traded products. This deal is designed for wealthy investors who want to merge their digital assets into traditional brokerage portfolios. According to Morgan Stanley’s (NYSE: MS) press release, clients can lend Bitcoin,…
Morgan Stanley Partners Galaxy on Crypto ETP Access
Morgan Stanley Wealth Management has partnered with Galaxy Digital to offer a new referral capability enabling eligible clients to convert their existing cryptocurrency holdings, such as Bitcoin and Ether, into shares of spot crypto ETPs, including its own Bitcoin Trust, through an efficient in-kind creation process. This partnership will reduce the barrier to entry by reducing the minimum transaction amount from $25 million to $5 million. It wi…
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