Bank of America


Policy

Bank of America says U.S. banks are heading for multi-year onchain future

The Wall Street firm said faster U.S. stablecoin and charter rules are pulling crypto into the regulated banking system and pushing banks toward an on-chain future.

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Finance

Bank of America Greenlights Wealth Advisers to Recommend Up to 4% Bitcoin Allocation

The news comes just hours after longtime crypto holdout, asset management giant Vanguard, said it would allow its clientele access to digital asset ETFs.

Bank of America billboard in Times Square. (Spencer Platt/Getty Images)

Markets

Figure Gets Mixed Wall Street Debut as KBW, BofA Diverge on Outlook

The newly public blockchain lender earns praise for market share in tokenized credit, but concerns remain over scaling and regulation.

(Westend61/Getty)

Finance

Tokenization Offers ‘Enhanced Liquidity,’ but Faces Major Hurdles, BofA Says

One of the most important benefits these vehicles offer is enhanced liquidity, the report said.

A pair of hands resting on a keyboard with an iPad showing graphs and price quotes. (Kanchanara/Unsplash)

Finance

Tokenization Is 'Mutual Fund 3.0,' Bank of America Says

Tokenized money market funds are expected to lead adoption thanks to their attractive yields relative to stablecoins, the report said.

Depiction of light rays connecting blocks.

Markets

Stablecoins, Tokenization Put Pressure on Money Market Funds: Bank of America

Stablecoin demand for Treasuries won’t meaningfully shift T-bill dynamics, but instead poses a bigger challenge to money market funds, the report said.

Treasury image via Shutterstock

Markets

Tokenization of Real-World Assets is Gaining Momentum, Says Bank of America

Discussions with investors show a growing focus on the tokenization of real world assets, including stocks, bonds, and real estate.

Dubai

Markets

Stablecoin Supply to Grow as Much as $75B Following Passage of GENIUS Act, BofA Says

The bank expects further adoption of tokenized assets and money market mutual funds once the crypto market structure bill, the CLARITY Act, becomes law.

Bank of America billboard in Times Square. (Spencer Platt/Getty Images)

Finance

Bank of America Joins Stablecoin Rush as CEO Moynihan Says Work Already Underway

Speaking on the second quarter earnings call, Brian Moynihan said the bank plans to act when the time is right.

Bank of America CEO Brian Moynihan on Fox Business in March. (Getty Images)

Markets

U.S. Dollar to Slide Further This Summer, Bank of America Warns

Weakness in the U.S. dollar is widely seen as positive for dollar-denominated assets, such as bitcoin and gold.

Dollar Index. (TradingView)