Morgan Stanley files for national digital asset trust bank charter with US OCC

On February 28, 2026, Morgan Stanley was reported to have submitted an application to the US Office of the Comptroller of the Currency to establish Morgan Stanley Digital Trust as a national trust bank focused on digital asset custody. The proposed wholly owned subsidiary would manage crypto assets for clients, including trading, transfers, swaps, and fiduciary staking services, positioning the bank alongside other federally supervised digital asset custodians.