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

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

Wells Fargo has announced plans to offer tokenized deposits for corporate clients, enabling round-the-clock payment settlement on blockchain infrastructure. The move positions the bank alongside JPMorgan and Citigroup, both of which have already launched comparable tokenized payment products targeting institutional and corporate customers. The development reflects a broader shift among