Bank of America Financial Group focuses on blockchain infrastructure, stablecoin, and tokenized assets instead of speculating on traditional cryptocurrencies.
Bank of America is marking an important turning point in its digital asset approach as the Global Research Department has just published a new periodic publication called "On Chain". This move reflects a strategic shift from a cautious attitude to in-depth research on infrastructure that could reshape global digital finance.
The new publication focuses on analyzing various aspects of the rapidly evolving digital asset ecosystem, including stablecoin, tokenizing real-world assets, payments, custody, and market infrastructure. Bank of America emphasizes: "On Chain will compile feedback from discussions with investors, as the market attempts to assess application speed and identify parties likely to benefit or be negatively affected by this technology."
The launch coincides with the US Congress reviewing a series of important bills that could shape the national strategy on stablecoin and digital asset infrastructure, including the GENIUS Act, CLARITY Act, and CBDC Surveillance Prevention Act. This synchronization suggests Bank of America is preparing for an upcoming wave of legal changes.
Unlike traditional analyses focusing on cryptocurrencies as speculative assets, Bank of America is orienting research towards infrastructure that could become the foundation for digital finance. The research team explains: "While it's too early to choose winners, we believe infrastructure providers like Stripe, or the Ethereum platform could become new 'rails' driving interoperability between digital assets."
Focusing on infrastructure instead of speculation
Bank of America is particularly interested in JPMorgan's testing of tokenized deposit JPMD on the Ethereum platform, demonstrating the potential of public blockchains in real financial applications. Partnerships involving stablecoin with major businesses like Shopify, Coinbase, and Stripe are assessed as potentially bringing value to digital commerce far beyond the commodity nature of stablecoin issuance.
Bank of America's perspective emphasizes that infrastructure is a more sustainable investment topic, especially when legal frameworks and competitive landscapes are changing rapidly. This approach reflects maturity in digital asset thinking, shifting from viewing cryptocurrencies as speculative tools to seeing them as technology that can transform the financial system.
Bank of America has quietly consolidated its position in the cryptocurrency field by continuously filing blockchain patent applications. In June 2025, the bank ranked Bitcoin among the most disruptive innovations in 1,000 years, acknowledging the challenges it poses to traditional finance.
CEO Brian Moynihan previously confirmed that Bank of America is ready to support payments using cryptocurrencies, provided there is legal clarity.
