8080ca4025e04f378e020979400290b0

Aug 4, 2026

Wells Fargo to Launch Tokenized Deposits for Corporate Clients as Major Banks Consolidate Blockchain Initiatives

Wells Fargo announced plans to launch blockchain-based tokenized deposits for corporate and commercial clients, enabling 24/7 fund transfers and settlements. The move comes as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo consolidate their separate blockchain deposit projects into a single shared network operated by The Clearing House.

Aug 4, 20265 sources

Citi stories

Wells Fargo to Launch Tokenized Deposits for Corporate Clients as Major Banks Consolidate Blockchain Initiatives

Wells Fargo to launch tokenized deposits this fall for corporate clients

JPMorgan, Citi, UBS Complete Cross-Border Payments Using Tokenized Central Bank Reserves in BIS Pilot

Quantum Computing Threat Emerges as Major Concern for Bitcoin Amid $1 Trillion Market Cap Loss

Featured Stories

OpenAI pauses development of Astra AI model over critical cybersecurity capability concerns