According to Bloomberg, Bank of America appointed Sonali Theisen as head of its global digital asset platform, responsible for the design, development, expansion, and governance of the digital asset platform, and for driving its integration with traditional financial infrastructure; she will continue to serve concurrently as global head of electronic trading and market strategic investment for fixed income, foreign exchange, and commodities. Previously, Adam Dixon, appointed to oversee the global digital assets transformation, will be responsible for tokenized deposits and stablecoins, the circulation of digital collateral, crypto transaction settlement, custody, and other related businesses. In addition, Bank of America appointed Kevin Milsom as head of platform AI transformation, and will drive AI in its various business platforms and daily operations.

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BitcoinZen
· 1h ago
The biggest obstacle for banks in digital assets isn’t technology, but compliance. I hope Bank of America can pave a new path.
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SweepBot
· 1h ago
Adam Dixon’s crypto trading settlement and custody business is expected to allow retail investors to buy and sell Bitcoin directly through Bank of America in the future as well.
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TightStop
· 1h ago
Bloomberg’s report contains a lot of information: traditional financial institutions are quietly embedding Web3 infrastructure into their own systems.
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DefiPoolside
· 2h ago
Traditional banks are making a major entry into digital assets, and it looks like Wall Street really wants to go all in on crypto.
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FundingSentinel
· 2h ago
The title “Head of a global digital asset platform” sounds very impressive, but in practice, it likely has to face countless regulatory hurdles.
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