A major global bank just made waves by rolling out tokenized deposits, enabling seamless onchain transfers of Bitcoin and other digital assets. This move signals real traction in bridging traditional finance with blockchain infrastructure. By tokenizing deposits, the institution opens doors for more efficient, direct asset movement across chains—something that could reshape how institutions approach crypto holdings and settlements. It's a textbook example of legacy finance embracing the onchain future rather than resisting it.
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A major global bank just made waves by rolling out tokenized deposits, enabling seamless onchain transfers of Bitcoin and other digital assets. This move signals real traction in bridging traditional finance with blockchain infrastructure. By tokenizing deposits, the institution opens doors for more efficient, direct asset movement across chains—something that could reshape how institutions approach crypto holdings and settlements. It's a textbook example of legacy finance embracing the onchain future rather than resisting it.