(IN BRIEF) Barclays has taken a strategic stake in Ubyx, a US-based company building a clearing network for regulated digital money such as tokenised deposits and compliant stablecoins. The investment highlights Barclays’ focus on interoperability and infrastructure as digital money … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Technology, United Kingdom
Tagged Barclays, Barclays Invests in Ubyx to Support Interoperable Infrastructure for Regulated Digital Money, blockchain infrastructure, clearing systems, digital assets, digital money, financial interoperability, regulated finance, regulated stablecoins, tokenised deposits, Ubyx
(IN BRIEF) Lloyds Banking Group has completed the first-ever purchase of a UK Gilt using Tokenised Deposits, working with Archax and the Canton Network. The transaction marks the first issuance of tokenised sterling deposits on a public blockchain and demonstrates … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Technology, United Kingdom
Tagged Archax, blockchain finance, Canton Network, digital assets, digital finance ecosystem, digital securities, financial innovation, Graham Rodford, Lloyds Advances Digital Finance with First Tokenised Deposit Gilt Purchase, Lloyds Bank PLC, Lloyds Banking Group, public blockchain, real world assets, regulated financial markets, Surath Sengupta, tokenisation, tokenised deposits, tokenised gilts, Transaction Banking, UK banking
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