Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

The upcoming major challenge: examining AI accountability in financial services

July 8, 2025

AI’s Role in Addressing Supplier Time Constraints

July 8, 2025

30 startups showcase the newest advancements and trends in financial technology at the Auckland Fintech Expo

July 8, 2025

Crafting Financial Strategies for Age-Related Challenges in Finance

July 7, 2025
Facebook X (Twitter) Instagram
Trending
  • The upcoming major challenge: examining AI accountability in financial services
  • AI’s Role in Addressing Supplier Time Constraints
  • 30 startups showcase the newest advancements and trends in financial technology at the Auckland Fintech Expo
  • Crafting Financial Strategies for Age-Related Challenges in Finance
  • Nayax, the Israeli fintech firm, announced its initial layoffs affecting 70 employees.
  • FI Money introduces the MCP server for AI-driven personal finance management.
  • As if the challenges from graduates weren’t disheartening enough, students like me now confront a job market impacted by AI.
  • Surge Continuation Funds in Europe Prepared for the 2025 Records – Fintech Schweiz Digital Finance News
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    Fintech Company Pine Labs Submits Documents to SEBI for IPO Fundraising

    July 4, 2025

    British Fintech Zilch Seeking International Tender Opportunities

    July 4, 2025

    Fintech Company Pine Labs Submits IPO Documents to SEBI for Fundraising, According to Reports

    June 26, 2025

    Breaking News: Initial lineup of demonstrations revealed for FinovateFall 2025

    June 12, 2025

    Fintech Scotland and TSB unveil a new innovation lab initiative.

    June 3, 2025
  • AI

    The upcoming major challenge: examining AI accountability in financial services

    July 8, 2025

    AI’s Role in Addressing Supplier Time Constraints

    July 8, 2025

    Crafting Financial Strategies for Age-Related Challenges in Finance

    July 7, 2025

    FI Money introduces the MCP server for AI-driven personal finance management.

    July 7, 2025

    As if the challenges from graduates weren’t disheartening enough, students like me now confront a job market impacted by AI.

    July 7, 2025
  • Acquisitions

    African fintech leaders are shaping the industry through worldwide acquisitions.

    June 30, 2025

    Acrisure obtains significant funding to enhance its fintech strategy.

    June 14, 2025

    $200 million IPO SPAC aims for acquisitions in fintech and AI sectors.

    June 1, 2025

    Wealthsimple hires multiple teams to enhance family financial management.

    May 31, 2025

    The HPS of Morocco plans to acquire a Fintech company by 2027, referred to as CEO – TradingView News.

    May 3, 2025
  • Trends

    Overview of the FINCH 2025 Market and Participant Profiles

    July 5, 2025

    Key Trends and Focus Areas in Fintech Payments for 2025

    June 22, 2025

    Overview of the Singapore Fintech Market: Market Size, Trends, and Growth Potential

    June 18, 2025

    Southeast Asia’s Fintech Market: Size, Trends, and Growth Potential

    June 13, 2025

    Irish fintech remains on a remarkable growth trajectory, contrary to global trends.

    June 12, 2025
  • Insights

    Surge Continuation Funds in Europe Prepared for the 2025 Records – Fintech Schweiz Digital Finance News

    July 7, 2025

    Schaeffer Investment Research Scholarships Break Through Significant Resistance Levels

    June 27, 2025

    Finance Magnates Reports: XBO Designated as Top Cryptocurrency Payment Gateway. XBO’s core principles of trust and simplicity align with cutting-edge solutions, providing customers access to an award-winning crypto payment option. 16 hours ago

    June 26, 2025

    Fintech Bank competes with HSBC and Lloyds in the current account market.

    June 24, 2025

    Netcapital’s Nasdaq acquisition of a web3-based free gaming platform without mixing code

    June 19, 2025
  • Rumors

    PayTM’s Share Price Drops by 10%: Understanding MDR and the Call from FinTech Companies for Government Action.

    July 5, 2025

    PayTM restricts 10% amid rumors of government cancellation of MDR – Is the expansion of UPI in India becoming a challenge for fintech companies? More details here.

    July 2, 2025

    The Giant Fintech Green Point Captivates Investment Capital Interest

    June 25, 2025

    Chinese Ant Group refutes speculation about a partnership with Rwa and Stablecoin.

    June 20, 2025

    Tua Tagovailoa Trade Speculation: Miami Dolphins May Pursue QB Negotiations After 2025 Season if Playoff Aspirations Fall Short | NFL News

    June 16, 2025
  • Startups

    Nayax, the Israeli fintech firm, announced its initial layoffs affecting 70 employees.

    July 7, 2025

    Floki’s Rise: Transforming Payment Solutions in Asian Fintech Startups

    July 6, 2025

    Revolutionizing Financial Technology with Tran Startup

    July 6, 2025

    Funding for India’s fintech sector declines by 26% in the first half of 2025, with strong early-stage investments, according to a report.

    July 5, 2025

    India secures third position globally in fintech startup funding, raising $889 million in the first half of 2025 according to TRACXN.

    July 5, 2025
  • finjobsly
fintechbits
Home » Why Digital Asset Leaders Are Leaving Big Banks to Build the Future
Breaking News

Why Digital Asset Leaders Are Leaving Big Banks to Build the Future

3 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
A financial executive steps out of a corporate office building, symbolizing the exodus of digital asset leaders from major banks like Morgan Stanley, Citi, and BNY Mellon to launch tokenization and blockchain ventures.
As banks explore tokenization, key executives exit to lead the charge in decentralized finance.
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Something very suspicious is happening right around Europe. While the world’s biggest seems to be doubling down on digital assets, launching tokens, exploring decentralized currencies, and investing in blockchain structure, people spearheading this work are seamlessly walking out the door without questioning. Not because they are leaving the spot empty, but because they see something even more intricate on a bigger scale.

Andrew Peel, the head of digital assets at Morgan Stanley, is known for playing a pivotal role in shaping the bank’s strategy for enabling digital finance. Now that he is left to launch his very own tokenized asset.

His move is on the rise of projects such as Ethena, which is a token-based trading fund that has reached billions in AUM within a short span of time. For someone who has been trading expertly and deeply understands where the future of finance is heading, the appeal of something that starts nimble and independent is very hard to ignore.

Breaking Free from Institutional Limits

Tony McLaughlin, on the other hand, the man behind Citi’s Regulated Liability Network, is taking a bold step to enable digital money. His new venture is developing a clear structure to support a more scalable, stablecoin ecosystem that has more seamless and systemized network payments and gateways.

When a key asset of a bank’s innovation goes beyond the vision, the message is set to be clear: the real opportunity lies beyond the walls of legacy finance.

Similarly, Caroline Butler, who is famously known to drive BNY Mellon’s digitized asset implications, helping shape one of the most actively noticed banks for tokenization efforts, has taken a step back.

Her past successor, Carolyn Weinberg, had a strong impact on this role, where Butler’s department is another signal that highlights the brightest minds in the institute of blockchain, which aren’t slowing down; they are just choosing a new playground to begin with.

A Race Between Innovation and Execution

The pattern to notice here is not just about the disillusionment with the digital assets. In fact, it’s quite the opposite. These leaders believe in leaving so much space that they are keen to leave the security of traditional finance to get ready for the next wave of infrastructure. It’s a subtle indication of how big leaders make their move, or how refined innovation can be while being risk-assertive, complying with heavy environments.

The Road Ahead

As time goes by, every niche speculates instruments into its core and working components of the global financial structure, and the industry is indeed entering a new chapter.

Early adaptation and experimentation are giving way to real-world values. With this context, it will no longer be surprising that most visionary leaders aren’t content to remain confined to legacy institutions. They still see an entire empty plot to not just participate in the future of finance, but to shape it actively as well.

With that, we can say that the bank will remain consistent in playing its major role. Their capital, regulation, and the vast customer base will ensure that they remain relevant and up to date in the digital realm of tokenization.

BankingInnovation Blockchain BNY Mellon Citi crypto startups decentralized finance digital assets DigitalBanking finance leadership Fintech Latest breaking news updates Morgan Stanley Stablecoins tokenization
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Surge Continuation Funds in Europe Prepared for the 2025 Records – Fintech Schweiz Digital Finance News

July 7, 2025

Fintech Company Pine Labs Submits Documents to SEBI for IPO Fundraising

July 4, 2025

British Fintech Zilch Seeking International Tender Opportunities

July 4, 2025
Leave A Reply Cancel Reply

Latest news

The upcoming major challenge: examining AI accountability in financial services

July 8, 2025

AI’s Role in Addressing Supplier Time Constraints

July 8, 2025

30 startups showcase the newest advancements and trends in financial technology at the Auckland Fintech Expo

July 8, 2025
News
  • AI in Finance (1,337)
  • Breaking News (154)
  • Corporate Acquisitions (65)
  • Industry Trends (177)
  • Jobs Market News (290)
  • Market Insights (189)
  • Market Rumors (241)
  • Regulatory Updates (149)
  • Startup News (893)
  • Technology Innovations (153)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,337)
  • Breaking News (154)
  • Corporate Acquisitions (65)
  • Industry Trends (177)
  • Jobs Market News (290)
  • Market Insights (189)
  • Market Rumors (241)
  • Regulatory Updates (149)
  • Startup News (893)
  • Technology Innovations (153)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.