Banks Blockchain Bet Comes Down to Moving the Money

Wall Street’s embrace of digital assets has reached the point where saying a bank is “doing blockchain” reveals almost nothing about what it can actually do on-chain. One bank may be experimenting with tokenized securities inside an innovation lab. Another may let corporate customers move tokenized commercial-bank deposits around the clock, while a third may issue digital representations of real-world assets but still settle the cash leg through conventional infrastructure.