Morgan Stanley has filed with the U.S. Securities and Exchange Commission to establish a proposed Bitcoin Trust, naming Coinbase Custody and BNY Mellon as the custodians for its bitcoin holdings. The plan envisions most assets held in cold storage with limited transfers to hot wallets for share creation and redemption, illustrating a closer integration of traditional finance with crypto infrastructure. Bloomberg notes that pairing a native crypto exchange with a legacy institution strengthens the credibility of regulated crypto products. Separately, Pepeto — founded by the PEPE team — has raised about $7.4 million in its presale as it approaches a Binance listing.
The project promotes three exchange products and has passed a SolidProof audit with zero critical vulnerabilities, targeting a potential 100x upside as the market opens. Early entrants can access a 200% staking APY, and the presale continues to attract investors seeking revenue-linked exposure to confirmed infrastructure ahead of a public launch. Investors continue to participate as the presale fills, and the Binance listing is expected to reprices with expanding liquidity, highlighting ongoing institutional interest in confirmed crypto infrastructure.
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