PANews reported on February 15th that, according to a post by Frank Chaparro, Project Director at TheBlock, Wells Fargo posted a Head of Digital Asset Services 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—with full integration with wire transfers, ACH, RTP, FedNow, and SWIFT.

Shortly before, Morgan Stanley and JPMorgan Chase also hired senior leaders in the cryptocurrency field.