Wells Fargo is actively recruiting for a Head of Digital Asset Services, as revealed by a recent job posting. The role involves crafting a three- to five-year strategy focused on tokenized deposits, on-chain collateral, intraday liquidity, and 24/7 programmable payments. This strategy will integrate with existing financial systems such as wire transfers, ACH, RTP, FedNow, and SWIFT. This move follows similar actions by Morgan Stanley and JPMorgan Chase, which have also recently appointed senior leaders in the cryptocurrency sector, indicating a growing trend among major financial institutions to expand their digital asset capabilities.