Technology enabling transfer of tokens between different blockchains, solving the interoperability problem. Bridges lock tokens on one chain and mint equivalent tokens on another, allowing users to access different ecosystems. However, bridges have become frequent targets for hackers due to their complex smart contract architecture
The integration of Zodia Solutions with the TCS BaNCS platform will provide banks with underlying custody and settlement infrastructure within their own environment
Wyden’s infrastructure will be directly connected with DFNS’s core banking platform, spanning pre-trade checks, treasury management, order execution, settlement, and reconciliation
The firms will distribute Ondo tokenised products across the SBI Group ecosystem and adopt JPYSC, SBI’s yen-pegged stablecoin, for use in onchain settlement and collateral
With the incorporation, MESA will focus on what it deems responsible stablecoin adoption, policy dialogue, education, research, standards development, and international knowledge exchange
Hilbert Finance is built on the platform and technology acquired through Nordark, a Swedish crypto banking and digital finance platform, and it will sit alongside the group’s asset management operations
Niamh Byrne has joined the institutional banking platform as its group chief commercial officer, following four years at Zodia Custody, most recently as head of revenue operations
The firm has integrated BENJI in a bid to optimise and manage its treasury operations, gaining 24/7 onchain access to the yield-bearing tokenised money market fund
The firm says the trades demonstrated the ability of BTC DRs to be integrated into existing institutional workflows without the end client requiring new custody arrangements, wallets, or blockchain infrastructure
