Wells Fargo joins JPMorgan and Citi in the race to tokenize Wall Street’s settlement rails

Neutral-4.18%
4 Aug, 15:47
Source: CoinDesk

AI Summary

Wells Fargo announces tokenized deposit payments on proprietary blockchain, joining JPMorgan and Citi in modernizing Wall Street settlement infrastructure.

Payments will run on the bank’s proprietary blockchain and be routed automatically through its existing client interface.