Goldman Sachs, Wells Fargo, Morgan Stanley see tokenization as a growth play, not a threat

Goldman Sachs, Wells Fargo, Morgan Stanley see tokenization as a growth play, not a threat

The largest banks in the world are eyeing new trading opportunities, speeding up payments and a role for advisers as tokenization takes root in Wall Street.

U.S. Banks Outline Tokenization Uses for Payments, Trading and Advice

Wells Fargo has tokenized deposit payments in production at small volume, with payments reaching beneficiary accounts in two minutes or less.

Goldman, Wells Fargo, Morgan Stanley see tokenization as a growth play, not a threat

Goldman, Wells Fargo, Morgan Stanley see tokenization as a growth play, not a threat The largest banks in the world are eyeing new trading opportunities, speeding up payments and a role for advisers as tokenization takes root in Wall Street. Goldman Sachs sees tokenization as a way to expand its…