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51 Insights

CEO Notes

Morgan Stanley just captured crypto's yield

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Sangam Bharti's avatar
Marc Baumann and Sangam Bharti
Apr 28, 2026
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Hey, it’s Marc,

In the last 12 months, several Wall Street banks have entered the stablecoin reserve space and Morgan Stanley is the sixth one. Morgan Stanley Investment Management (MSIM) launched MSNXX, the Stablecoin Reserves Portfolio. Now it manages reserves for stablecoin issuers with a money market fund but BlackRock ($67.7B in USDXX), Goldman (ST…

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