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Bank of America just named new leadership for its global digital assets platform — and this isn't a side experiment anymore. The bank is building real infrastructure for tokenized deposits, stablecoins, and digital collateral, calling it "mutual fund 3.0."
This follows similar moves from Morgan Stanley and Vanguard — traditional finance is racing to build actual crypto infrastructure, not just custody wrappers for wealthy clients.
When a bank this size creates C-suite roles for digital assets, it's a signal worth watching closely. DYOR.
#BankOfAmerica #DigitalAssets #Crypto #Blockchain #Tokenization