Goldman Sachs, Wells Fargo, and Morgan Stanley see tokenization as an opportunity for growth
2026-10-18 09:04:12
According to CoinMeta, Goldman Sachs, Wells Fargo, and Morgan Stanley stated during their third-quarter earnings conference calls that they see tokenization as an opportunity for business growth, but none of them provided any revenue forecasts related to it. Goldman Sachs is exploring expanding the use of DTCC tokenization services. Wells Fargo has already used tokenized deposits to process cross-border payments, with funds reaching the recipient account within two minutes, and is also exploring tokenized securities, RWA, as well as crypto trading services for wealth management clients. Morgan Stanley mentioned that tokenization can speed up and simplify asset transfers, but customers still require investment advice.
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Source:Internet
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