The race to tokenize Wall Street: how JPMorgan, Citi, and Wells Fargo are rebuilding settlement rails
Aug 04 2026 22:28 UTC - dev
JPMorgan, Citi, Bank of America, and Wells Fargo are building a shared tokenized deposit network. BlackRock is expanding its tokenized fund suite. Wall Street is tokenizing everything.
➤ Major US banks (JPMorgan, Citi, BofA, Wells Fargo) are collaborating on a shared tokenized deposit network, targeting a 2027 launch to enable 24/7 corporate client transactions.
➤ BlackRock is expanding its tokenized fund offerings, while institutions like Mastercard, Visa, and DTCC are integrating tokenization into payment and settlement systems.
➤ This shift signifies a move from blockchain experimentation to rebuilding core financial infrastructure, with tokenized deposits posing a competitive threat to stablecoins by offering regulated, bank-issued alternatives.
Read more at: https://rwatimes.io/articles/crypto-the-race-to-tokenize-wall-street-how-jp-morgan-citi-and-wells-fargo-are-rebuilding-settlement-rails-2339337337?utm_source=binance
Aug 04 2026 22:28 UTC - dev
JPMorgan, Citi, Bank of America, and Wells Fargo are building a shared tokenized deposit network. BlackRock is expanding its tokenized fund suite. Wall Street is tokenizing everything.
➤ Major US banks (JPMorgan, Citi, BofA, Wells Fargo) are collaborating on a shared tokenized deposit network, targeting a 2027 launch to enable 24/7 corporate client transactions.
➤ BlackRock is expanding its tokenized fund offerings, while institutions like Mastercard, Visa, and DTCC are integrating tokenization into payment and settlement systems.
➤ This shift signifies a move from blockchain experimentation to rebuilding core financial infrastructure, with tokenized deposits posing a competitive threat to stablecoins by offering regulated, bank-issued alternatives.
Read more at: https://rwatimes.io/articles/crypto-the-race-to-tokenize-wall-street-how-jp-morgan-citi-and-wells-fargo-are-rebuilding-settlement-rails-2339337337?utm_source=binance