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Morgan Stanley delays tokenized stocks: What’s holding it back?

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Morgan Stanley has pushed its expected timeline for supporting tokenized equities on its alternative trading system to the first quarter of 2027, moving beyond its earlier second-half 2026 target as the U.S. bank develops the infrastructure needed for blockchain-based securities trading. According to Amy Oldenburg, Morgan Stanley’s head of digital asset strategy, the bank is actively building the technology required to support tokenized stocks but needs more time for suitable financial products and institutional demand to develop. Speaking during TOKEN2049 in Singapore, the executive described Q1 2027 as a more realistic target than the timetable she outlined in March.

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