Bank of America, Goldman Sachs and Major Banks Unite to Explore Stablecoin Project
TL;DR Ten major international banks are evaluating the issuance of a stablecoin backed 1:1 by reserves and tied to G7 currencies. The project aims to establish
banks (Latest Publications)
Citi fuels BVNK growth with major investment, pushing valuation above $750M
TL;DR Citi Investment: Citi Ventures invested in BVNK, a stablecoin infrastructure provider now valued at over $750M, following Visa Ventures’ earlier backing and signaling Wall Street’s
Deutsche Bank and Bullish Join Forces to Bridge Traditional Finance and Crypto
TL,DR Deutsche Bank will offer corporate banking services to Bullish for seamless fiat deposits and withdrawals in institutional trading. The collaboration includes APIs for instant payments
BNY Mellon explores tokenized deposits to unlock payment innovation
TL;DR BNY Mellon initiative: The bank is exploring tokenized deposits to modernize payments, aiming for near-instant settlement and 24/7 operations. Global momentum: JPMorgan, HSBC, and Swift
BBVA Joins Forces With SGX FX to Unlock Retail Crypto Opportunities in Europe
TL;DR Retail launch: BBVA teams with SGX FX to roll out 24/7 bitcoin and ether trading for European retail clients, integrating crypto into its existing FX
Qatar Bank turns to JPMorgan blockchain to streamline U.S. dollar payments
TL;DR QNB adoption: Qatar National Bank integrated JPMorgan’s Kinexys blockchain to enable near-instant U.S. dollar corporate payments. Transaction scale: Kinexys processes $3 billion daily, a fraction
Elliptic Secures Fourth Megabank Investor with HSBC
TL;DR Elliptic secured an investment from HSBC, cementing its position as the only blockchain analytics firm backed by four megabanks. The company launched Issuer Due Diligence
Major Swiss Banks Successfully Test Payments on Ethereum
TL;DR Three Swiss banks conducted a legally binding payment using tokenized deposits on Ethereum, demonstrating both legal and technical feasibility. Deposit tokens enable instant settlements linked
Bank Launches Tokenized Structured Notes on Ethereum
TL;DR Launch: DBS issues $1,000‑denominated tokenized structured notes on Ethereum, starting with crypto‑linked participation notes offering upside potential and downside protection. Partnerships: Distributed via ADDX, DigiFT,
$425 Million Boost Propels BNY–OpenEden Tokenized Treasury Breakthrough
TL;DR BNY Partners with OpenEden: BNY will manage and custody the $TBILL fund’s assets, pairing its institutional scale with OpenEden’s blockchain platform to deliver regulated tokenized
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