Morgan Stanley will work with the U.S. Treasury and other regulators to figure out how it can offer crypto in a safe way

Pent-up demand for mergers and acquisitions, particularly among private equity firms, is poised to spur a surge in deal activity, Morgan Stanley Chief Executive Officer Ted Pick said.

Morgan Stanley, a juggernaut in the wealth management industry, has been repeatedly ahead of its peers when it comes to crypto.

Banking institution Morgan Stanley’s CEO Ted Pick commented in the World Economic Forum annual meeting in Davos that the bank was ready to work with financial regulators to explore options for greater involvement in crypto.