Morgan Stanley Delays Tokenized Stock Trading to 2027 Amid Weak Demand

Morgan Stanley has moved its target for supporting tokenized equities to the first quarter of 2027. The bank previously expected to enable trading during the second half of 2026. Limited products and weak institutional demand have slowed the rollout. The updated timeline was disclosed by Amy Oldenburg, Head of Digital Asset Strategy at Morgan Stanley, in an interview at TOKEN2049 in Singapore. The updated timeline relates to tokenization of equities via alternative trading systems and not a new crypto exchange platform by Morgan Stanley. Oldenburg attributed the delay to a lack of adequate tokenized products.