Morgan Stanley establishes a digital asset laboratory to test stablecoins, tokenization, and DeFi technologies

Morgan Stanley has established a digital asset laboratory to test technologies such as stablecoins, tokenization, and DeFi applications, and explore the application of blockchain systems in banking business. Morgan Stanley Market Innovation and Laboratory Head Megan Brewer stated that the program is part of the company's existing innovation laboratory network, which provides facilities for employees to explore emerging technologies while avoiding risks to the bank's core systems. (Source: Bloomberg)