# Morgan Stanley digital asset and tokenization strategy

> Live situation record from CLSTR: https://clstr.news/situations/morgan-stanley-digital-asset-and-tokenization-strategy
> Updated: 2026-10-25T19:45:21.000Z. Sources: 4. Developments: 2.

Morgan Stanley has adjusted its timeline for supporting tokenized stocks on its alternative trading platform, delaying the launch from the second half of 2026 to the first quarter of 2027. Amy Oldenburg, the bank’s head of digital asset strategy, noted that the delay is due to a lack of sufficient financial product variety and a mature market structure, though the bank maintains its strategic direction.

In a subsequent report, the bank warned that the adoption of tokenized assets and digital money could disrupt 25% to 30% of wealth management revenue, particularly impacting net interest income. However, the bank anticipates significant growth in the market for tokenized real-world assets, projecting it could reach between $3 trillion and $10 trillion by 2030. The bank also noted that opportunities for clients to borrow against a wider range of assets may help offset potential revenue losses.

## Claims

- Tokenised assets and digital money could threaten 25-30% of wealth management revenue. (corroborated by 2 sources)
- Tokenised real-world assets are projected to grow from USD 40 billion to USD 2.3 trillion by 2030. (corroborated by 2 sources)
- The Corporations Amendment (Digital Assets Framework) Bill 2025 received Royal Assent. (single source)
- The Australian digital asset framework is set to commence on 9 April 2027. (single source)
- CFS and Netwealth are exploring opportunities in tokenisation, including tokenised annuities. (single source)
- Digital asset platforms in Australia will be required to hold an AFSL. (single source)

## Timeline

### 2026-10-25: Morgan Stanley warns tokenisation could disrupt wealth management revenue

Morgan Stanley warns that tokenised assets and digital money could impact 25-30% of wealth management revenue, while real-world asset tokenisation is projected to reach USD 2.3 trillion by 2030.

4 sources. https://clstr.news/cluster/morgan-stanley-warns-tokenisation-could-disrupt-wealth-management-revenue

### 2026-10-12: Morgan Stanley delays tokenized stock trading until 2027

Morgan Stanley has pushed its launch of tokenized stock trading to Q1 2027, citing a need for more mature market structures and products, while forecasting a multi-trillion dollar market by 2030.

2 sources. https://clstr.news/cluster/morgan-stanley-delays-tokenized-stock-trading-until-2027

---
Cite as: Morgan Stanley digital asset and tokenization strategy. CLSTR, https://clstr.news/situations/morgan-stanley-digital-asset-and-tokenization-strategy