# Wall Street Megabanks Tap Tokenized Assets as Next Growth Engine

> Wall Street banks use tokenization to boost trading, payments and wealth management.
- Title: Wall Street Megabanks Tap Tokenized Assets as Next Growth…
- Summary: Wall Street banks use tokenization to boost trading, payments and wealth management. Wall Street megabanks are expanding trading, cross-border payments and…
- Keywords: goldman sachs, wells fargo, morgan stanley, tokenization, gs dap, dtcc, cross border payments, finance, markets, Wall, Street, Megabanks
- Source: BigGo Finance — https://finance.biggo.com/news/95f6c504-5f85-4141-aed3-19e21cb6a05c
- Author: BigGo Finance
- Published: 2026-10-18T01:55:22+00:00
- Read time: 1 min
- Topics: goldman sachs, wells fargo, morgan stanley, tokenization, gs dap, dtcc, cross border payments, finance, markets
## Goldman Sachs
Goldman Sachs sees tokenization as a growth driver for trading, DeFi and prediction markets.

> As new products and trading activity increase, we gain access to new clients and broader distribution channels
## Wells Fargo
Wells Fargo uses tokenized deposits for cross-border payments arriving in under two minutes.

> funds arrive in the recipient's account in under two minutes
## Morgan Stanley
Morgan Stanley believes faster asset movement will increase investment advisory demand.

> In a tokenized environment, assets can move faster and more easily, but investment advice is still needed
## Goldman Sachs Platform
Goldman Sachs launched GS DAP in 2022 for digital bonds and tokenized assets.

> The European Investment Bank used the platform to issue €100 million (approximately $112.4 million) in digital bonds
## Tokenization Status
Tokenization remains early stage with minimal revenue contribution to banks.

> tokenization remains in its early stages with minimal revenue contribution to date
## Next Steps
Banks will expand tokenized services for cross-border payments and wealth management.

> Wells Fargo is also exploring tokenized securities, real-world assets, and cryptocurrency trading services for wealth management clients
## Key takeaway

Wall Street megabanks are expanding trading, cross-border payments and investment advisory through tokenized assets.