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 2.96% to $120.22 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.47% to 5,686.67 and the Dow Jones Industrial Average DJIA rising 1.39% to 41,317.43.

Banking giant Morgan Stanley is looking to bring cryptocurrency trading to clients through its E*Trade platform, according to a report Thursday.