Photo by Michael Nagle/Bloomberg via Getty Images Technology by Selena Hill Wells Fargo Bets On Blockchain With Tokenized Deposits For Corporate Clients The banking giant's latest blockchain move signals that tokenized finance is becoming a mainstream tool. Wells Fargo is making its biggest blockchain play yet, announcing plans to roll out tokenized deposits for corporate and commercial banking clients this fall. The move comes as traditional financial institutions continue to race to modernize how money moves. The announcement positions Wells Fargo alongside other Wall Street heavyweights investing in tokenized financial infrastructure. Unlike stablecoins issued by crypto companies, tokenized deposits remain traditional bank deposits, a distinction many financial institutions see as critical to compliance and customer trust, The Wall Street Journal reports.