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

CryptoInfo Editorial Team · Published on August 04, 2026 at 15:47 · Updated on August 04, 2026 · 1 min read

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Key Takeaways

→Wells Fargo will offer tokenized deposits for 24/7 corporate payments
→Payments will run on the bank's proprietary blockchain
→The bank joins JPMorgan and Citi in the effort to tokenize Wall Street's settlement rails

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Wells Fargo is set to offer tokenized deposits for 24/7 corporate payments, with the payments running on the bank's proprietary blockchain.

These payments will be routed automatically through the bank's existing client interface, facilitating smoother transactions.

This development, as reported by CoinDesk, marks Wells Fargo's entry into the race to tokenize Wall Street's settlement rails, alongside other major banks like JPMorgan and Citi.

Source: CoinDesk ↗