U.S. Bank Invests in Digital Assets, Launches New Division for Tokenized Payments

U.S. Bank, a leading financial institution in the United States, is making a strategic shift towards blockchain technology with the launch of a new division dedicated to digital assets and money movement. The move reflects a growing interest in integrating crypto-based solutions into traditional banking operations. Jamie Walker, CEO of Elavon, will lead this division, focusing on tokenized payments and leveraging the bank’s experience in real-time transactions. The division aims to bring regulated financial infrastructure to the burgeoning digital asset economy, addressing clients’ increasing demand for blockchain-powered solutions.