Goldman Sachs, Wells Fargo and Morgan Stanley See…
By Karthik Subramanian
AI summary of the source article
Goldman Sachs, Wells Fargo, and Morgan Stanley executives outlined plans during October 2026 earnings calls to leverage blockchain-based asset tokenization for business growth across payments, securities trading, and wealth management.
Why it matters
Across Wall Street, tokenization could improve settlement efficiency, collateral mobility and access to financial markets.
Key facts
- Wells Fargo is processing cross-border transfers using tokenized deposits, moving funds to beneficiary accounts within two minutes.
- Goldman Sachs previously developed its Digital Asset Platform and participated in a July 2026 DTCC tokenization infrastructure trial.
- Morgan Stanley reported $9.07 billion in quarterly wealth management revenue as it evaluates how tokenization could reshape asset distribution.
Source excerpt · FinanceFeeds
Goldman Sachs, Wells Fargo and Morgan Stanley are increasingly positioning blockchain-based asset tokenization as a potential source of business growth rather than a threat to traditional financial institutions. During their third-quarter earnings calls in October 2026, executives from the three banks outlined opportunities spanning securities trading, cross-border payments, settlement infrastruct…