Browsing: tokenized

Key insights: BMO and Monument are separately supporting tokenized deposits, an alternative to stablecoins. What’s at stake: Banks are embracing tokenized deposits to improve payment processing without…

Key insight: Vast Bank is preparing to launch a retail tokenized deposit offering this year.What’s at stake: Billions of dollars trapped in non-interest checking accounts could…

Custodia Bank in Wyoming and Vantage Bank in Texas have reached an agreement with Participate, a network of 600 banks that digitizes loan participations, to use…

Key insight: Nasdaq is using Kraken’s infrastructure to prepare for tokenizing stocks upon SEC approval of the plan.What’s at stake: Multiple stock trading platforms and financial…

Tokenized money market funds, unlike the payment stablecoins that share the same backing, are securities. Noelle Acheson looks at what this means for our understanding of…

A Kalshi billboard displaying New York City mayoral election odds in New York, US, on Monday, Oct. 27, 2024. Michael Nagle | Bloomberg | Getty ImagesKalshi…

The crypto world has a well-deserved reputation for being loose with vocabulary. To most people, the word “token” traditionally means a small representation of low value…

Key Insight: VersaBank is planning an alternative to stablecoins.What’s at stake: Banks are concerned cryptocurrency may negatively impact traditional deposits.Forward look: Many banks will likely pursue…

Robinhood CEO Vlad Tenev says it’s not “entirely relevant” that the trading platform’s so-called tokenized shares of OpenAI and SpaceX aren’t technically equity in the companies.It…

Blockchain-based tokenized financial products are rapidly advancing into asset classes like private credit and commercial real estate. American banks must lead, before global competitors set the…