Morgan Stanley Lets Clients Borrow Up to 50% Against Bitcoin ETP Holdings via Galaxy Referral
Morgan Stanley Wealth Management has introduced crypto lending access through a June 5 referral arrangement with Galaxy Digital, allowing eligible clients to borrow up to 50% of the value of their Bitcoin ETP holdings. Clients can lend Bitcoin, Ether, or Solana to Galaxy and receive spot crypto ETP shares, including Morgan Stanley's MSBT, in their brokerage accounts.