Forget the bank account: EY warns firms they must own the wallet to keep their customers

EY Digital Assets leaders Mark Nichols and Rebecca Carvatt argue that the wallet is no longer just a crypto tool, but the primary strategic interface for the next generation of global finance. What to know : EY's digital assets leaders say wallet infrastructure, not just tokenization, will define market winners. Tokenization is already reshaping financial market infrastructure, but real disruption lies in capital efficiency and programmable transaction chains. With regulation catching up and wallet adoption accelerating, EY sees a strategic imperative for financial firms to act now.