Anchorage aims to bring banks onchain with new tokenized deposit platform
Anchorage Digital has launched a platform that allows banks to offer tokenized deposits on blockchain rails without replacing core banking systems. The move aims to facilitate faster, 24/7 payments within the traditional financial sector.
Why it matters
It represents a bridge between traditional banking and blockchain technology, potentially modernizing legacy financial infrastructure.
The bank said on Monday that its new platform will help banks to offer round-the-clock payments and settlement services using blockchain technology without replacing their existing core banking systems.
Technical reporting on financial technology developments.
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