BofA Taps FICC E-Trading Chief for Digital Assets Platform

Bank of America named Sonali Theisen head of its global digital assets platform, according to a July 17 memo reported by Reuters.

Alongside her digital assets role, Theisen continues to lead Global FICC e-trading and markets strategic investments. The memo puts digital assets and electronic trading under the same executive.

The remit covers design, development, scaling, and governance of the platform, The Block reported. Focus areas include stablecoins, tokenized deposits, custody, and crypto trade settlement.

In a companion move, BofA named Kevin Milsom head of platforms AI transformation and folded the Analytics and Modelling team into the global platforms group, Reuters reported via Investing.com.

BAC carries an Alpha Score of 50 out of 100, a Mixed label, according to AlphaScala data.

No timeline for a full rollout was disclosed in the memo.