Morgan Stanley, head of digital asset strategy at Morgan Stanley, has refuted the idea that Wall Street is late in the cryptocurrency market by stating that major financial institutions have been preparing for this shift. Amy Oldenburg, who spoke at the Digital Asset Summit in New York, refuted this notion that traditional finance is rushing blindly into digital assets. The bank has recently diversified its approach to the digital token industry, focusing on infrastructure, asset management, and trading. It now offers spot bitcoin exchange-traded funds (ETFs) through its E*Trade platform and is preparing to facilitate tokenized equities trading via its alternative trading system. However, she warned that widespread adoption requires cooperation across the entire financial ecosystem.