Fintech News Switzerland· Fintechnews Switzerland·· 19 hours agoAI score53
Morgan Stanley agrees to acquire digital stock transfer agent Vinyl Equity
Morgan Stanley Eyes Tokenisation With Vinyl Equity Deal
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Morgan Stanley has agreed to acquire Vinyl Equity, a digital stock transfer agent registered with the U.S. SEC. Terms of the deal were not disclosed. Upon completion, Vinyl will join Morgan Stanley at Work, allowing companies to manage cap tables, stock plans, stock transfers and wealth services on a single platform; Morgan Stanley said the deal will lay the groundwork for its future tokenization plans. The transaction is expected to close in the first quarter of 2027, subject to customary conditions.
Source:Fintech News Switzerland · fintechnews.ch