Bank of America names Adam Dixon global head for digital assets

Bank of America appointed Adam Dixon as global head of digital asset transformation and based him in London. He will coordinate the bank’s crypto, tokenization and blockchain initiatives across trading, markets and technology divisions.

Dixon has worked at the bank for more than 20 years. He joins from his role as head of global market financial resource management. The new post consolidates tokenization and crypto work that had been distributed across multiple teams into a single, enterprise-level function.

The role focuses on tokenized assets such as bonds, money-market funds and other traditional instruments represented and settled as digital tokens on blockchain rails. Tokenization can enable faster settlement and around-the-clock transfers by using distributed ledger technology.

Bank of America’s research unit previously described digital assets as “too large to ignore,” and the firm reports holding hundreds of blockchain patents. Company leaders have said broader engagement with the sector depends on clearer U.S. regulation. The appointment shifts part of the bank’s engagement with digital assets from research and pilots toward building operating capabilities and client services.

The hire comes as U.S. lawmakers work on clearer rules for digital assets and as other financial institutions move to test and launch tokenized products. Some banks have trialed tokenized deposits and settlement systems, and some asset managers have advanced tokenized money-market products. Several institutions are preparing to introduce live tokenized-asset offerings in 2026.

Placing the role in London aligns Dixon with the bank’s global markets hub and positions him to work across European and Asian time zones where tokenized bond and fund issuance has shown early activity. Bank of America says priorities for the new position include developing tokenized versions of traditional securities and integrating blockchain infrastructure across markets functions.