The world's largest custody bank is preparing to launch blockchain-based digital representations of customer deposits. This move marks a significant step in bridging institutional finance with decentralized infrastructure, enabling depositors to access tokenized versions of their holdings directly on blockchain networks. The initiative signals growing institutional confidence in digital asset infrastructure and could reshape how traditional financial services interact with the crypto ecosystem.
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The world's largest custody bank is preparing to launch blockchain-based digital representations of customer deposits. This move marks a significant step in bridging institutional finance with decentralized infrastructure, enabling depositors to access tokenized versions of their holdings directly on blockchain networks. The initiative signals growing institutional confidence in digital asset infrastructure and could reshape how traditional financial services interact with the crypto ecosystem.