Morgan Stanley plans to support tokenized equities on its alternative trading system in Q1 2027, later than its previous H2 2026 target. Amy Oldenburg, head of digital asset strategy, told The Block the platform needs tokenized products before it can support them, while client demand is limited because those products do not yet exist. The bank is continuing to build the infrastructure and is watching for DTCC’s tokenization service, expected in late October, and the GENIUS Act’s expected January effective date. The Block
Morgan Stanley’s October 1 research discussion separately put its 2030 tokenized-assets forecast at $2.3 trillion. Social posts attribute a broader $3 trillion to $10 trillion estimate to Oldenburg; that range is not the bank’s stated base case in its own discussion. Morgan Stanley · Ondo
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