The traditional giants have finally taken it seriously; BoA's move was executed quite steadily.

According to Bloomberg, Bank of America has appointed senior trading executive Adam Dixon as the Global Head of Digital Asset Business Transformation, responsible for coordinating the bank’s digital-asset-related strategies and projects. Dixon previously served as the Head of Global Markets Financial Resource Management and has worked at Bank of America for more than 20 years. According to an internal memo, his new responsibilities will include coordinating multiple cross-departmental projects such as tokenized assets, reflecting the bank’s strengthened focus on the digital asset sector.