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Tokenization Growth Opportunity

MORGAN STANLEY · 2026-10-17 · Importance 23 · Surprise 24

Morgan Stanley views tokenization as a growth opportunity that could increase demand for wealth management advice as asset movement becomes more efficient. Goldman Sachs expects tokenization to expand trading businesses, while Wells Fargo is applying tokenized deposits to faster cross-border payments, highlighting competitive adoption across financial services. The reporting indicates that tokenization may support new services, lower costs, and greater efficiency rather than threaten incumbent financial institutions.

Key facts

• Morgan Stanley anticipates increased demand for wealth management advice as asset movement becomes more efficient due to tokenization. source
• Morgan Stanley views tokenization as a significant growth opportunity rather than a threat. source