Wall Street giant Morgan Stanley has launched a “digital asset lab” to test crypto products, according to reports. 

Bloomberg on Tuesday reported that the bank was using the lab to test products like stablecoins, tokenized assets and decentralized finance apps. 

Morgan Stanley is one of many banks delving deeper into the crypto world. The traditional finance titan became the first bank to debut a bitcoin exchange-traded fund in April. 

The fund, the Morgan Stanley Bitcoin Trust, now manages over $871 million in assets, according to its website.  

Citing an interview with Megan Brewer, who is head of firmwide market innovation and labs at the bank, Bloomberg…

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