Browsing: tokenized

Key insights: HSBC is expanding its tokenized deposit service to the U.S., which was already available in Hong Kong, Singapore, Luxembourg and the UK. What’s at…

Key insight: Banks are adopting tokenized deposits at a greater rate than stablecoins, according to American Banker’s analysis. What’s at stake: Both stablecoins and tokenized deposits…

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…

The Securities and Exchange Commission appears to have finally acknowledged that tokenized securities are still … securities. For broker-dealers seeking to offer tokenized securities custody, the…

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…