Morgan Stanley’s new Digital Asset Lab is another sign of how serious the firm is about bringing finance onchain. They’re exploring stablecoins, tokenized deposits, money-market funds and DeFi vaults, and I don’t expect them to slow down. The goal isn’t tokenization for tokenization’s sake. It’s rebuilding financial markets from the ground up. As Amy Oldenburg, Head of Digital Asset Strategy at Morgan Stanley, told me: “Tokenization isn’t the goal.” Here’s her two-minute overview on @GSR_io’s The Crypto Tape.