Wells Fargo is set to roll out tokenized deposits for corporate and commercial clients this fall, joining a wave of major banks using blockchain technology to modernize payments and settlement services, the Wall Street Journal reported Tuesday. Advertisement The offering will initially support US dollar and British pound deposits for cross-border transactions, allowing customers to
J.P. Morgan has become one of the largest institutional players moving financial assets onto a public blockchain, with tokenized money market funds on Ethereum now totaling $900 million in combined onchain assets under management. The scale of this investment is drawing attention across the crypto industry, not because it’s flashy, but because it represents one
Franklin Templeton, a global asset manager with over $1.5 trillion in assets under management, has joined the Canton Network as a super validator, according to The Block. The move deepens the firm’s involvement in blockchain-based finance and follows its expansion of the Benji Technology Platform to the Canton Network in November last year as part
The Layer-1 blockchain network Aptos has announced the rollout of its new privacy solution, “Confidential $APT,” on its mainnet, which allows users to selectively keep their transaction data private. In a statement released on its social media platform X, the company said the new feature is optional and was specifically developed for corporate and regulatory
A graded Pokémon card locked inside a secure vault can now change hands hundreds of times without ever leaving the shelf. That’s becoming one of Solana’s fastest-growing real-world asset markets. From trading cards and comic books to whisky, wine and luxury watches, a new generation of applications is using Solana to tokenize ownership of physical
LayerZero is no longer just a protocol for moving crypto between blockchains. The interoperability network says it has processed more than $200 billion in value across 165 blockchains, making it one of the largest pieces of infrastructure connecting the digital asset economy. That scale is drawing comparisons beyond crypto. LayerZero’s historical transaction volume now exceeds
Indian banks are increasingly integrating blockchain into core banking operations to speed up payments, trade finance, and securities settlement while the country continues to keep cryptocurrencies at arm’s length. Instead of building around public crypto networks, lenders have largely focused on permissioned blockchain networks developed for regulated financial services. The shift comes as banks gain
Kenya has launched a blockchain-based system for verifying academic credentials through the Kenya National Examinations Council (KNEC), placing more than 30 million records on the Avalanche network in an effort to combat certificate fraud and make credentials easier to verify. KNEC and Avalanche announced the initiative on Monday, saying the platform is designed to address
The International Organization for Standardization (ISO) has approved a new project led by China to develop a global standard for Blockchain as a Service (BaaS), according to a report from China Central Television. The initiative will define technical requirements for infrastructure, network construction and operation, service management, smart contracts, and data interoperability and security. Germany,
The number everyone cited in July was 288 percent. Tokenized stock trading volume nearly quadrupled month over month. The figure appeared in research notes, on crypto Twitter, and in three separate newsletter breakdowns. It was real. What nobody emphasized was the denominator. One product drove the surge. QQQB, a tokenized tracker mirroring the Nasdaq-100 index,