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 US 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 […]