By Isaac • July 17, 2026 5:10 pm •
Over the past year, Bank of America has moved from discussing stablecoins to assigning an executive to the platform that could bring digital assets into its markets business.
Sonali Theisen has been named head of Bank of America’s global digital-assets platform. She will keep her existing job leading electronic trading and strategic investments across the bank’s fixed-income, currencies and commodities division.
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No product went live Friday. The appointment still matters because it gives the platform a named executive responsible for building, scaling and governing it.
The appointment points to institutional infrastructure.
Reuters reported the appointment from an internal Bank of America memo. Theisen’s new role is additive, leaving her in charge of Global FICC e-trading and
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