TokenPost topic
BankofAmerica
3 TokenPost stories are tagged BankofAmerica. The newest appear first.
Latest BankofAmerica stories
- Bank of America Plans to Double AI Expense Budget in 2027
CEO Brian Moynihan cited $800 million in benefits from about 140 AI and machine-learning uses that cost $400 million. The planned budget’s dollar amount has not been disclosed.
· Technology
- US Banks Explore Shared Blockchain Network for Tokenized Deposits and Real-Time Settlement
JPMorgan, Bank of America, Citigroup, and Wells Fargo are exploring a shared blockchain network for tokenized deposits to enable real-time interbank settlement and programmable payments.
· Business
- Bank of America Reports $53 Million Exposure to Bitcoin ETFs in Q1 Filing
Bank of America disclosed $53 million in crypto ETF holdings, led by increased investment in BlackRock’s Bitcoin ETF, signaling continued institutional exposure through regulated products.
· Business