Morgan Stanley Taps Amy Oldenburg to Coordinate Firmwide Crypto Strategy

TheNewsCrypto2026-01-28 tarihinde yayınlandı2026-01-28 tarihinde güncellendi

Özet

Morgan Stanley has appointed Amy Oldenburg to a newly created role to coordinate the firm's digital asset strategy, as the bank intensifies its push into crypto. An internal memo from co-presidents Andy Saperstein and Dan Simkowitz confirmed her position within a firm-wide strategy and execution effort. This move aligns with the bank's shift from offering crypto access to building a more robust product toolkit. Recently, Morgan Stanley filed for Bitcoin and Solana-related exchange-traded products, signaling a deeper commitment to regulated crypto exposure. The bank also plans to enable cryptocurrency trading on its E-Trade platform by mid-2026, starting with BTC, ETH, and SOL. In wealth management, it advises a cautious 2-4% crypto allocation based on risk appetite, referring to Bitcoin as "digital gold." Oldenburg's role will unify product development, partnerships, and execution as crypto gains mainstream traction.

Morgan Stanley has made a new role for better coordination of its digital-asset strategy, knocking out prolonged official Amy Oldenburg as the bank intensifies its push into crypto.

Bloomberg also reported that an internal memo was sent on January 26 by co-presidents Andy Saperstein and Dan Simkowitz mentioning that Oldenburg will sit within a firm-wide strategy and execution effort.

The appointment is made amid the shift of the bank from offering access to crypto products to making a more firm toolkit. At the beginning of this month, Morgan Stanley Investment Management filed preliminary registration statements for exchange-traded products associated with Bitcoin and Solana, a clear indication that it needs a bigger foothold in regulated crypto exposure.

The Further Plans To Widen

The filings have also come as US rules revolving around the crypto market continue to evolve and have somehow captivated more traditional finance companies into the sector. Reuters mentioned that the ETF push by Morgan Stanley is a part of a wider trend of banks inclining towards digital assets under President Donald Trump’s administration.

Talking about the brokerage side, Morgan Stanley has also said it has plans to provide cryptocurrency trading on its E-Trade platform in the first six months of 2026, leveraging Zerohash for digital-asset infrastructure, with BTC, ETH and SOL among the initial tokens.

Within the boundaries of wealth management, the bank has initiated putting guardrails around how clients approach the asset class. A Global Investment Committee report mentioned cryptocurrency as risky and advised an allotment of around 2% to 4%, relying on risk appetite, while comparing Bitcoin to “digital gold”.

The new remit of Oldenburg associates those strands together, providing Morgan Stanley a single senior point person to line up product development, collaborations and execution as crypto moves further into mainstream markets.

Highlighted Crypto News Today:

Japan Moves to Strengthen Stablecoin Oversight With New Reserve Asset Rules

TagsCryptoInvestmentMorgan Stanley

İlgili Sorular

QWho has Morgan Stanley appointed to coordinate its firmwide crypto strategy?

AAmy Oldenburg.

QWhat is one of the key initiatives Morgan Stanley is pursuing in the crypto space, as mentioned in the internal memo?

AMorgan Stanley is shifting from offering access to crypto products to creating a more firm toolkit, including filing for Bitcoin and Solana exchange-traded products.

QOn which platform does Morgan Stanley plan to offer cryptocurrency trading by 2026?

AOn its E-Trade platform.

QWhat percentage of a portfolio does Morgan Stanley's Global Investment Committee advise allocating to cryptocurrency?

AApproximately 2% to 4%, depending on risk appetite.

QWhich company is Morgan Stanley leveraging for digital-asset infrastructure on its E-Trade platform?

AZerohash.

İlgili Okumalar

The Value Distribution of Stablecoins

**Summary: The Value Distribution of Stablecoins** The article argues that stablecoins are evolving from mere trading tools into broader channels for dollar access. It divides the stablecoin ecosystem into four layers to analyze how value is distributed: 1. **Issuance Layer:** Mints stablecoins, holds reserve assets, and captures the spread between reserve yield and user costs (e.g., Tether, Circle). This layer currently earns the largest profit margin. 2. **Infrastructure Layer:** Connects stablecoins to the traditional financial system, handling fiat on/off-ramps, banking integration, compliance (KYC/AML), and asset management (e.g., Bridge, BVNK). This is the "unglamorous" but critical work, building the essential bridges between crypto and real-world finance. 3. **Acquiring/Distribution Layer:** Integrates stablecoins into merchant systems, manages payment flows, and provides enterprise financial software (e.g., Stripe, Coinbase). They act as the access point for businesses. 4. **Application Layer:** The end-users and businesses that ultimately use stablecoins for payments, settlements, or as a store of value. They benefit from convenience but have little pricing power. The core thesis is that while the issuance layer currently dominates profits, the often-overlooked **infrastructure layer holds significant long-term potential**. The real challenge and barrier to mass adoption is not the on-chain transfer of stablecoins (which is simple), but the complex "last mile" integration into existing business workflows, banking systems, and regulatory frameworks across different countries. Companies in this layer are currently in a "land grab" phase, investing heavily to build networks, secure bank partnerships, and establish compliance pathways. While their position is currently pressured by the profitable issuers above and distribution platforms below, the article suggests that if stablecoins become a default financial rail for businesses, the infrastructure providers who have done the hard work of integration will ultimately gain strong pricing power and become entrenched, essential players.

marsbit4 saat önce

The Value Distribution of Stablecoins

marsbit4 saat önce

The Value Distribution of Stablecoins

The Value Distribution of Stablecoins The article argues that stablecoins are evolving from a mere trading tool into a broad "dollar channel." It analyzes the industry's value chain through four layers: 1. **Issuance Layer (e.g., Tether, Circle):** The top layer that mints stablecoins, holds reserve assets, and captures the thickest interest rate spread. 2. **Infrastructure Layer (e.g., Bridge, BVNK):** Connects stablecoins to the traditional financial system, handling critical but complex "dirty work" like fiat on/off-ramps, banking integration, compliance (KYC/AML), and cross-border settlement. 3. **Acquiring/Distribution Layer (e.g., Stripe, Coinbase):** Embeds stablecoins into merchant systems, manages payment flows, and integrates with enterprise software. 4. **Application Layer:** End-users and businesses that ultimately use stablecoins for payments, settlement, or storing value. The author posits that while the issuance layer currently captures the most profit, the most overlooked and potentially critical layer is infrastructure. The core challenge for stablecoin adoption isn't the on-chain transfer (which is simple), but bridging the gap between blockchain and the real-world financial system. This involves solving practical problems for businesses: fiat conversion, reconciliation, tax handling, and user onboarding. Infrastructure companies are currently in a difficult "land-grab" phase—building networks, securing banking relationships, and achieving compliance country-by-country. They face pressure from both the profitable issuance layer above and distribution platforms below. However, the author suggests this layer is building a crucial moat. Once stablecoins become a default business rail, the infrastructure players who have done the hard work of integration may gain significant, durable value and pricing power.

链捕手4 saat önce

The Value Distribution of Stablecoins

链捕手4 saat önce

How to Do Research Well: Deliberately Practice the Real Skills That Matter

No one truly teaches you how to do research. You're often given a desk, a pre-selected problem, and vague instructions to "create something new." Consequently, many people reverse-engineer the job based on visible outputs—papers, posts, announcements—learning only how to *appear* like a researcher rather than how to *become* one. True research capability is built from stacking small, trainable skills, nearly all of which can be developed through deliberate practice. **Pick Your Own Problem:** Most researchers absorb problems from advisors or trends, lacking the underlying reasoning. Choosing a problem you genuinely care about, as John Schulman advises, leads to original work. Develop "taste" like a muscle: predict experiment outcomes, guess paper results from methods, and track which findings remain important over time. **Upgrade Your Inputs:** Relying on shared reading lists (arXiv hot lists, filtered group chats) leads to unoriginal conclusions. Undervalued old literature often holds crucial insights (e.g., MoE, LSTM, backpropagation). Richard Sutton's "The Bitter Lesson" or Claude Shannon's 1952 talk on creative thinking are more predictive than lengthy modern surveys. Breadth matters as much as depth: draw from neuroscience, mechanism design, hardware knowledge, and honest statistics. Read papers directly, especially appendices and limitations sections. **Write Everything Down:** As Paul Graham noted, writing exposes flaws in seemingly mature ideas. Writing is the cheapest defense against self-deception. Following Feynman's principle, Darwin programmatically wrote down facts contradicting his theory to combat memory bias. Maintain a detailed log of hypotheses, setups, predictions, results, and updated understandings. Reviewing past logs fosters essential humility.

marsbit6 saat önce

How to Do Research Well: Deliberately Practice the Real Skills That Matter

marsbit6 saat önce

İşlemler

Spot
Futures
活动图片