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 has offered crypto to wealthy clients through ETFs and derivatives, but its new plan would allow everyday investors to directly buy and sell digital assets. This would be a significant shift from previous years, when banks limited their relationship with crypto or avoided it altogether.