Crypto▲ bullishImpact 7/10
Morgan Stanley’s Galaxy deal points to Bitcoin’s next institutional test: lending collateral
CryptoSlate·

✦AI Analysis
Morgan Stanley has enabled its wealth management clients to lend Bitcoin, Ethereum, or Solana to Galaxy Digital in exchange for shares of crypto exchange-traded products. This move signals a growing trend in institutional adoption of cryptocurrency lending as collateral.
Key Topics
Morgan StanleyGalaxy DigitalBitcoinEthereum
Originally reported by CryptoSlate. Read the full article ↗