U.S. banking giant Morgan Stanley has entered into an agreement to acquire Vinyl Equity, a digital platform for shareholder registries and share transfers.
The acquisition is expected to strengthen the bank’s offering in share administration and wealth management, particularly for companies preparing for initial public offerings.
The technology is also expected to support future initiatives in asset tokenization.
The deal is expected to close during the first quarter of 2027, subject to customary conditions. The purchase price was not disclosed.