ChainCatcher reports that Goldman Sachs, Wells Fargo and Morgan Stanley said on their third-quarter earnings calls that they view tokenization as a business growth opportunity, but none provided revenue projections. Goldman Sachs is studying whether to expand its use of DTCC’s tokenization services. Wells Fargo has used tokenized deposits to process cross-border payments, with funds reaching recipients’ accounts within two minutes, and is exploring tokenized securities, RWAs and crypto trading services for wealth management clients. Morgan Stanley said tokenization can make asset transfers faster and simpler, but clients still need investment advice.