Svmuu News: According to reports, Morgan Stanley has applied for a new national trust bank charter to conduct digital asset custody operations and plans to offer staking and trading services to investment clients, demonstrating its strategic commitment to expanding its presence in the crypto sector.The application was submitted by Morgan Stanley Digital Trust to the U.S. Office of the Comptroller of the Currency (OCC) on February 18. If approved, the license will enable Morgan Stanley to conduct digital asset custody and related services as a banking institution. This move marks a further shift in Morgan Stanley’s stance toward the crypto asset sector.In recent years, the bank has gradually shifted from a relatively cautious stance to more active participation in the digital asset market, in line with the overall trend among traditional financial institutions. Previously, Morgan Stanley appointed senior executive Amy Oldenburg to lead its digital asset business strategy, applied to launch spot Bitcoin and Solana ETF products, and plans to launch its own digital wallet this year.Morgan Stanley’s license application comes as several crypto-native institutions seek to obtain compliant banking status. Several companies have recently received conditional approval, indicating that the convergence of traditional finance and the crypto industry is accelerating.