Bank of America branch exterior with logo on modern glass office building, San Francisco, California, December 4, 2025. (Photo by Smith Collection/Gado/Getty Images)

Gado via Getty Images

“Bank of America has appointed senior leaders to accelerate digital assets and AI across Global Markets,” Polygon Labs team member @Nxtlvl posted on X on July 18. “They will oversee a platform spanning stablecoins, tokenized deposits, custody and crypto settlement. Looks like more adoption is coming, and much of it will happen quietly inside the world’s largest banks.”

The post was reacting to internal memos, first reported by Reuters and Bloomberg on July 17, in which Bank of America handed Sonali Theisen, its global head of FICC electronic trading, an…