Morgan Stanley is working on a plan to add cryptocurrency trading to its E*Trade platform, in what would be the most significant move by a major US bank to help everyday customers buy into the asset class since the Trump administration began removing regulatory barriers.

Shares of Morgan Stanley MS rose 1.16% to $116.76 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.63% to 5,604.14 and the Dow Jones Industrial Average DJIA rising 0.21% to 40,752.96.

Morgan Stanley plans to add crypto trading to E-Trade in 2024 to help retail investors access digital assets amid regulatory shifts.