Anchorage Digital says it has launched a new tokenized deposit infrastructure designed for regulated banks. The company says the platform lets banks issue and manage tokenized deposits on blockchain networks while avoiding major changes to their existing core banking systems. According to Anchorage’s announcement, the goal is to enable around-the-clock settlement and payments for financial institutions. CoinDesk and PYMNTS both report that Anchorage positions the service as a way for banks to “bring payments onchain” without fully replacing traditional infrastructure. The company frames the product as an infrastructure layer that banks can use to operate tokenized deposits, rather than a standalone consumer product. The launch is reported as taking place on Monday, June 22, based on the press release cited by PYMNTS. While details such as participating banks, supported networks, and timelines for deployment are not included in the provided excerpts, both outlets agree that Anchorage is introducing a bank-focused platform for issuing and managing tokenized deposits to support continuous settlement.
Anchorage Digital launches tokenized deposit platform for banks to settle payments on blockchain
Anchorage Digital says it has launched a new tokenized deposit infrastructure designed for regulated banks. The company says the platform lets banks issue and manage tokenized deposits on blockchain n...
- Anchorage Digital launches a tokenized deposit infrastructure for regulated banks.
- The platform allows banks to issue and manage tokenized deposits on blockchain networks.
- Anchorage says banks can enable around-the-clock settlement without replacing core systems.
- The launch is dated Monday, June 22, per Anchorage’s cited press release.
- Both outlets describe the initiative as enabling onchain settlement while retaining existing banking infrastructure.
Anchorage Digital launched Monday (June 22) a new tokenized deposit infrastructure aimed at enabling banks to offer around-the-clock settlement without overhauling their existing core systems, according to a Monday press release. The financial services firm said the platform allows regulated banks to issue and manage tokenized deposits on blockchain networks. According to Anchorage, the […] The post Anchorage Digital Introduces Tokenized Deposit Platform for Banks appeared first on PYMNTS.com.
2 months agoThe crypto bank aims to help financial institutions offer round-the-clock payments and settlement without replacing their core systems.
2 months ago
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