Wells Fargo to launch tokenized deposits for corporate clients
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Wells Fargo to Launch Tokenized Deposits for Corporate and Commercial Clients
August 4, 2026 8:30 AM EDTNew on-chain capability to enable corporate and commercial clients to move, program, and settle funds 24/7/365
SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) today announced the introduction of tokenized deposits, a blockchain-based representation of commercial bank money that when fully deployed will enable Wells Fargos corporate and commercial clients to move, program, and settle funds 24/7/365 without leaving the regulated, insured banking system. The program will roll out this fall with a limited U.S. dollar (USD) to British pound (GBP) exchange and will expand over the course of 2027 to more clients,... More
