Morgan Stanley announced today the appointment of Sarah Chen as the new Head of Digital Asset Strategy, effective immediately. This strategic hiring underscores the firm’s commitment to expanding its institutional presence in the burgeoning blockchain and cryptocurrency sectors. Ms. Chen will be tasked with guiding Morgan Stanley’s approach to digital asset integration across its wealth management and investment banking divisions, ensuring regulatory compliance while exploring new product development opportunities. She will report directly to Michael J. Jones, Global Head of Strategic Initiatives. Prior to joining Morgan Stanley, Ms. Chen served as a senior fintech strategist at a competitor firm, where she was instrumental in developing early-stage blockchain investment protocols. A spokesperson for the bank stated, “Digital assets are rapidly reshaping the financial landscape. Sarah’s expertise is crucial for us to maintain our leadership position and effectively advise our clients on the opportunities and risks inherent in this transformative technology.”
Source: Morgan Stanley appoints new head of digital asset strategy
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