EY Executive: Wallets Are Becoming the Key Gateway to the Next Generation of Finance; Those Who Control the Wallet Will Win Customer Relationships

MarsBitNews · 2026-02-08T00:46:46+00:00

The head of Ernst & Young's Digital Asset Business stated that digital wallets will become the key gateway to future financial services, and companies that control the wallets will win customer relationships. Wallets will connect payment, tokenized assets, and other financial services. For financial institutions, this transformation is crucial.

MarsBitNews

2026-02-08 00:46:46

Abstract generation in progress

Mars Finance News, according to CoinDesk, the head of Ernst & Young (EY) digital asset business stated that wallets are rapidly becoming the key gateway to the next generation of financial services, rather than just a tool for cryptocurrencies. “Wallets are a strategy; whoever controls the wallet and provides the wallet will win customer relationships,” said Mark Nichols, co-head of EY’s digital asset consulting business. EY believes that wallets will become portals for storing, transferring, and managing tokenized value, connecting financial services such as payments, tokenized assets, and stablecoins. For financial institutions, this shift is a matter of survival. EY emphasizes that the true value of blockchain tokenization lies not only in liquidity but also in real-time capital management and risk optimization.

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