TECH INTEL15:17 UTC1d ago 1 min readSource: CoinDesk

Why Morgan Stanley's CFO sees tokenization as the next big step for its multi-trillion wealth business

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Why Morgan Stanley's CFO sees tokenization as the next big step for its multi-trillion wealth business
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Morgan Stanley CFO Sharon Yeshaya says the bank is eyeing a "tokenized world" where blockchain technology allows client assets and liabilities to move more efficiently across its wealth management platform.

AI Executive Brief
  • / Morgan Stanley's CFO highlights the potential of tokenization for wealth management.
  • / Blockchain technology is seen as a way to improve the efficiency of asset and liability movements.
  • / The bank is considering a shift towards a 'tokenized world' to enhance its multi-trillion wealth business.

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