Wells Fargo
Established in New York, USA in 1852, Wells Fargo is a diversified financial group with total assets of US$1.9 trillion. In 1998, Northwest Bank acquired the original Wells Fargo Bank and renamed it as the current Wells Fargo Bank. The bank then moved to the old Wells Fargo headquarters in San Francisco.
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JPMorgan Chase and three other major U.S. banks plan to launch a shared tokenized deposit network in the first half of 2027
: JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo are collaborating to build a shared tokenized deposit network, to be operated by The Clearing House, a payments company jointly owned by large banks. The project aims to convert commercial deposits into tokens that can be transferred among member banks on a 24/7 basis, with a target launch date in the first half of 2027. The initial users of the network will be multinational corporations, with product offerings including programmable treasury management, real-time liquidity management, and cross-border payments. David Watson, CEO of The Clearing House, described the project as a significant initiative for the banks. JPMorgan's Kinexys platform currently processes an average daily volume of over $7 billion, with a total transaction volume exceeding $4 trillion since its launch. Citi Token Services is already operational in the United States, the United Kingdom, Singapore, and Hong Kong, transferring billions of dollars through Citigroup's own network.
Kingdom
摩根大通
Strategy Bitcoin Banking Adoption Index: Fidelity Leads at 71%, BNY and Goldman Sachs Rank Second and Third
Strategy's newly launched Bitcoin Banking Adoption Index shows Fidelity leading at 71%, followed by BNY at 46% in second place, and Goldman Sachs at 45% in third. JPMorgan, Morgan Stanley, and Citigroup each stand at 43%. The index evaluates the adoption of Bitcoin-related services across trading, custody, digital asset products, financing, and corporate participation among 25 major global institutions, with an overall adoption rate of 32%.The remaining institutions scored between 13% and 38%, with Wells Fargo at 38%, Banco Santander and Société Générale both at 35%, Charles Schwab and TD Bank both at 32%, BNP Paribas, HSBC, Crédit Agricole, and UBS each at 30%, Bank of America, Barclays, and Standard Chartered each at 28%, State Street at 27%, Mizuho and Deutsche Bank both at 22%, MUFG at 18%, Lloyd’s at 17%, and SMBC and Royal Bank of Canada both at 13% (Bitcoin.com News).
Bitcoin
Bitcoin.com
BNP Paribas
Strategy
Street
Swift Teams Up With 17 Global Banks to Launch Blockchain Ledger Pilot, Enabling Round-the-Clock Cross-Border Payments
According to CoinDesk, Swift announced that its blockchain-based shared ledger platform is ready and will launch real-time transaction testing with 17 major banks. Participating institutions include HSBC, UBS, BNP Paribas, Citi, BNY, and Wells Fargo, among others, covering six continents. The platform aims to enable 24/7 cross-border payments through tokenized deposits, allowing banks to transfer funds for customers during nights and weekends, and providing liquidity support before final settlement is completed in existing payment systems. Swift clearly stated that the ledger system is positioned as a complement to existing payment rails, not a replacement.
based
BNP Paribas
CoinDesk
Ledger
White-haired stock guru Serenity agrees with Wells Fargo that Meta selling excess computing power is a strong signal of AI demand
Odaily Odaily: White-haired stock guru Serenity posted on X agreeing with Wells Fargo's view, stating that the market has completely misinterpreted Meta's stance on selling excess computing power. Wells Fargo stated that Meta's willingness to sell off surplus computing capacity is a positive signal that underlying AI demand and Unit Economics remain robust. Wells Fargo noted: "While Meta is moving forward with this plan, we do not see this as an indication that Meta will reduce capital expenditures (CapEx), nor do we believe that overall demand for computing power has declined."Regarding Neocloud companies, Wells Fargo believes this move further validates the significant opportunity in the AI infrastructure market, while also highlighting the potential for industry mergers and acquisitions, even though Neocloud providers may face certain competitive pressures in the future.
Serenity
Unit
Silicon Valley Bank: Bitcoin Collateralized Loan Market Accelerating Institutionalization, Interest Rates Expected to Continue Declining
According to a research report by Silicon Valley Bank (SVB), the Bitcoin collateralized loan market has completed its reconstruction after experiencing the successive collapses of BlockFi, Celsius, and Genesis in 2022, and the current ecosystem places greater emphasis on collateral transparency and risk management. In Q1 2026, the total crypto collateralized loan volume reached $67 billion, a year-over-year increase of approximately 50%. Several major US banks have already offered Bitcoin collateralized credit lines to select clients, with JPMorgan, Wells Fargo, Citi, Charles Schwab, and Morgan Stanley all having entered the market. In February this year, Canadian digital asset lending company Ledn completed the issuance of $188 million in Bitcoin collateralized ABS, receiving a BBB investment-grade rating from S&P Global, marking the first Bitcoin collateralized securitized product approved by a major rating agency.
Bitcoin
Bitgreen
BlockFi
Genesis
Genesis
Ledn
JPMorgan Chase, Citigroup, and other major banks plan to jointly launch a tokenized deposit network next year to compete with stablecoins.
According to The Wall Street Journal, several major U.S. banks plan to launch a tokenized deposit network next year to counter the growing threat posed by stablecoins and crypto firms—whose incursion into traditional banking services is accelerating under the Trump administration’s supportive policies. This network will bridge traditional payment rails with digital asset infrastructure and will be operated by The Clearing House, a real-time payments network company jointly owned by multiple major banks, including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo.
Street
摩根大通
Wells Fargo Increases ETH ETF Holdings in Q1, Significantly Boosts Strategy Stock Position
According to Odaily, the latest 13F filing from Wells Fargo reveals that in the first quarter of 2026, the bank increased its holdings in multiple Ethereum spot ETFs, including BlackRock's ETHA and Bitwise's ETHW.Specifically, the ETHA position rose from approximately 672,600 shares in Q4 2025 to around 1.1 million shares, an increase of about 63.5%; while the ETHW position increased from roughly 186,800 shares to 257,000 shares, a gain of approximately 37%. As of the end of Q1, the total value of Wells Fargo's ETH ETF holdings stood at about $21.5 million.In contrast, its Bitcoin ETF holdings showed a divergence: the IBIT position declined slightly, while positions in BITB and the Grayscale Bitcoin Mini Trust ETF increased by approximately 24% and 41%, respectively. Currently, IBIT remains its largest crypto ETF holding, valued at around $250 million.Additionally, Wells Fargo made significant adjustments to its crypto-related stock portfolio, reducing its Galaxy Digital position by approximately 97%, while increasing its Strategy (formerly MicroStrategy) holdings from about 322,700 shares to 726,000 shares—a surge of roughly 125%. (Cointelegraph)
Bitcoin
Bitwise
Cointelegraph
ETHA Lend
Ethereum
EthereumPoW
TeraWulf Completes Over $1 Billion Equity Offering to Fund Kentucky Data Center Construction
According to GlobeNewswire, Bitcoin mining company and HPC data center operator TeraWulf Inc. (NASDAQ: WULF) announced on April 16 the completion of a public offering of common stock, issuing 54.51 million shares at $19.00 per share, including the full exercise of the underwriters’ over-allotment option (an additional 7.11 million shares), raising approximately $1.036 billion in total. TeraWulf stated that the proceeds will be used for the construction of its Hawesville data center campus in Kentucky, repayment of the outstanding balance under its bridge credit facility, future site acquisitions, and general corporate purposes. Morgan Stanley served as the sole book-running manager, with BofA Securities, Citigroup, TD Cowen, and Wells Fargo Securities acting as joint book-running managers.
Bitcoin
Center
TeraWulf