Why Wall Street giants build tokenization money for institutions, not regular consumers
Why now
Thesis: Institutional tokenized deposits deepen bank-crypto integration
Catalyst to watch: Bank announcements on tokenized deposit adoption
Main risk: Retail exclusion limits near-term market reach
Why it matters
Tokenized deposits among institutions could improve settlement efficiency and deepen bank-crypto integration, though retail exclusion limits near-term reach.
Details
JPMorgan and Citi move billions in tokenized deposits, but only among their branches. A U.K. challenger bank is about to do something neither has done.
Sources
- coindesk · 2026-09-19 12:00 UTC