PANews February 15 News, according to a post by The Block project director Frank Chaparro, Wells Fargo announced a digital asset services executive position four days ago. Responsibilities include developing a three to five-year strategy covering tokenized deposits, on-chain collateral, intraday liquidity, and 24/7 programmable payments—fully integrated with wire transfers, ACH, RTP, FedNow, and SWIFT.
Recently, Morgan Stanley and JPMorgan also hired senior leaders in the cryptocurrency field.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The Definitive Stablecoin Landscape Series: North America
Stablecoins are undergoing an evolution into a foundational financial infrastructure. North America leads in development, focusing on regulated, compliant options. The market shows a shift with RLUSD gaining traction due to integration with Ripple, emphasizing real demand over exchange liquidity.
CoinDesk1h ago
Lise to host tokenized IPO for French defense supplier ST Group
French blockchain-based stock exchange Lightning Stock Exchange (Lise) is preparing to host what it describes as a fully onchain initial public offering (IPO), listing aerospace and defense SME ST Group as its inaugural company.
The company called the deal the first IPO on a natively tokenized exch
Cointelegraph3h ago
Vitalik Buterin Warns AI Tools Could Become a Serious Privacy Risk for Users
Vitalik Buterin warns that AI tools pose significant privacy threats due to reliance on remote infrastructure. This structure can lead to unauthorized data access, vulnerabilities, and jailbreak attacks that jeopardize user interests and trust.
CryptoNewsFlash5h ago
Project 0 Update Drift Incident Response Progress. Complete the impacted users’ loss allocation accounting by no later than tomorrow.
Project 0 Co-Founder MacBrennan posts an update, stating that the losses from the Drift vulnerability incident will be addressed by April 2, and the specific calculation method will be announced before resuming operations. Drift lenders will share losses proportionally, while non-lenders may face an impairment of up to approximately 2%. The loss assessment is based on the most conservative scenario; conditions may improve in the future.
GateNews5h ago
An AWS researcher reveals go-verkle’s four major performance bottlenecks and has submitted optimization proposals
At the EthCC conference, an AWS researcher conducted high-pressure testing on the Ethereum Verkle tree, revealing four major performance bottlenecks facing statelessness and proposing optimization solutions, which are expected to improve node operating efficiency by more than 3x.
GateNews6h ago
Solana Foundation CPO: The Drift security incident is a case-by-case matter and does not indicate that there is a systemic problem in Solana DeFi
Solana Foundation Chief Product Officer Vibhu Norby responded to the Drift Protocol security incident, confirming that an attack occurred. The cause of the attack is still under investigation. The incident is related to operational security or social engineering, highlights the potential risks of multisig mechanisms, and says that this incident does not represent a systemic issue with Solana DeFi.
GateNews7h ago