Morgan Stanley Agrees to Buy Vinyl Equity for Workplace Platform

Morgan Stanley has agreed to acquire Vinyl Equity, a transfer-agent and shareholder-records platform, in a deal that would expand equity and share-transfer services on Morgan Stanley at Work.

The purchase would add cap-table and equity management tools, as well as share transfers, alongside wealth management on one platform.

Vinyl Equity uses digital workflows to modernize traditional transfer-agent operations, with a focus on private companies and IPO-related processes.

Morgan Stanley also plans to strengthen its digital-asset ecosystem through key infrastructure, laying groundwork for future tokenization plans. The transaction is expected to close in the first quarter of 2027.