Why Wall Street giants build tokenization money for institutions, not regular consumers

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19 Sep, 12:00
Source: CoinDesk

AI Summary

JPMorgan and Citigroup are advancing institutional tokenization by moving billions in tokenized deposits across their own branches, highlighting growing bank-led infrastructure for real-world assets.

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.