May 18, 2024

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Mastercard, Visa, JPMorgan, and Other Major Banks Explore Tokenized Asset Settlements

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Mastercard, Visa, JPMorgan, and Other Major Banks Explore Tokenized Asset Settlements
Mastercard, Visa, JPMorgan, and Other Major Banks Explore Tokenized Asset SettlementsSeveral major financial firms are collaborating to test the benefits of shared-ledger technology for jointly settling tokenized assets like commercial bank money and various securities. The initiative, known as the Regulated Settlement Network, is a proof-of-concept designed to expedite and secure cross-border transactions using a singular system for tokenized assets. This trial is an extension […]