The established investment bank has finally brought digital assets from the fringe experiments into the core strategic level. Dixon's position is not easy to hold; they need to promote tokenization while also avoiding regulatory red lines. The London headquarters chose their location quite carefully.

According to Bloomberg, Bank of America (BofA) has appointed senior trading executive Adam Dixon as the head of global digital asset transformation, responsible for coordinating the bank’s digital asset-related strategies and projects. Dixon has worked at BofA for more than 20 years. Previously, he served as the head of global markets financial resource management, and he will continue to be based in London. The report says his new role will involve overseeing multiple enterprise-wide projects, including tokenized assets.