HSBC has joined the Canton Network as a validator, strengthening its tokenized-asset strategy and expanding blockchain access to roughly 40 million clients globally.
Ripple CEO Brad Garlinghouse said major banks are actively exploring stablecoins, signaling rising institutional interest in XRP and RLUSD. The development could accelerate bank-backed payment rails and wider crypto integration.
Morgan Stanley says the recent surge of Wall Street into crypto reflects years of strategic planning, infrastructure upgrades and work to satisfy regulators, not a sudden trend. The bank frames the move as deliberate preparation to support institutional participation.
A strategy firm's CEO says he expects “monster” demand for Morgan Stanley’s upcoming Bitcoin ETF as wealth managers move to add crypto exposure, positioning the bank at the center of a new adoption wave.
Morgan Stanley updated its SEC application to launch a bank-backed Bitcoin ETF, which the filing says would trade on NYSE Arca under the ticker MSBT. The move would make Morgan Stanley the first U.S. bank to pursue a Bitcoin ETF.
MicroStrategy purchased 17,994 BTC for about $1.28 billion between March 2–8, bringing its holdings to roughly 3.4% of circulating Bitcoin; MSTR closed Monday at $133.53 (down 4.49%) and was $133.85 in pre-market trading.
At a leading crypto conference, Morgan Stanley, TD Bank and Citi announced new Bitcoin trading, custody and lending strategies. The coordinated push signals growing institutional appetite and could widen access and liquidity for BTC.
Hedera has onboarded 12 money-market funds from BlackRock and State Street, marking a major real-world asset win for the network. The move opens the door to potentially trillions in tokenized cash management on HBAR rails.
Truist’s private wealth arm will let advisors offer SEC-registered spot bitcoin ETFs from Fidelity and BlackRock, the bank said in a Feb. 25 press release. The move expands crypto access for high-net-worth clients through traditional wealth channels.
Emirates NBD — the UAE's second-largest bank — has allocated a portion of its investment portfolio to Bitcoin and says tokenization will be a key force in finance. The move signals growing institutional acceptance of crypto in the Gulf.