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Kraken has introduced an exclusive VIP program for ultra high net worth individuals, requiring a $10 million balance or $80 million in annual trading volume. Members receive personalized support, access to Kraken’s full product range, and unique experiences like Formula 1 events. The initiative aims to cater to the growing demand for high-touch services among wealthy clients in the crypto space.
Morgan Stanley plans to launch crypto trading for retail customers through its E-Trade division in the first half of 2026, partnering with Zerohash for liquidity and custody. The bank aims to provide direct ownership of cryptocurrencies like bitcoin, ether, and solana, while also preparing for future tokenization of traditional assets, signaling a shift in wealth management practices.