Morgan Stanley Establishes Digital Assets Lab to Explore Blockchain Applications on Wall Street

According to TechFlow, on September 29, Bloomberg reported that Morgan Stanley has established the Digital Asset Lab, focusing on testing technologies such as stablecoins, tokenization, and decentralized finance (DeFi) applications, and exploring potential application scenarios for blockchain systems within its business. The lab operates under Morgan Stanley's existing innovation lab network, aiming to provide dedicated facilities for employees to research emerging technologies while mitigating potential risks to the bank's core systems.