Charles Schwab Plus Morgan Stanley Don Enter Crypto Trading: Big Big Companies Dem Dey Accept Am Well As Competition Dey Tighten

Charles Schwab, wey be di biggest online broker for inside U.S., and Morgan Stanley don dey make serious move enter cryptocurrency market, dem dey plan to offer spot trading for Bitcoin and Ethereum. Schwab get almost $10 trillion for assets wey dem dey manage, and dem get over 36.9 million brokerage accounts. Based on di latest reports, Schwab and Morgan Stanley wan meet di increasing demand wey dia clients get for direct crypto exposure, dem dey target mostly people wey don dey invest for stocks and bonds before, wey dey look for way to add small small crypto join dia investments. As dem dey expand like dis, e happen as people dey ask for clear clear rules from di government for U.S., and e show say dem dey gentle with digital assets. One report from Bernstein show say even though these Wall Street companies get strong name and plenty customers, dem come late compared to companies wey don dey for ground like Coinbase, Kraken, and Robinhood. Coming late like dis go cause competition problems, but since dem get access to large, traditional investors, e fit help Schwab and Morgan Stanley quick quick take market share. People expect say dia involvement go make competition hot, make di market more real, open crypto trading for investors wey sabi calm down, and make more people and big big institutions dey accept crypto. For crypto traders, as big financial companies join, e fit make di market get more money to trade with and make am stable for long time, and e fit change how U.S. crypto exchanges dey compete with each other.