News and analysis on banks, asset managers, exchanges, custodians and other financial institutions building or expanding digital asset businesses.
Deutsche Bank plans to launch digital asset custody for institutional and corporate clients in Europe, subject to completion of the applicable regulatory process. The service shows how custody is moving from key storage toward an operating control model inside regulated banking.
HSBC and Standard Chartered have completed the first live cross border tokenized deposit transaction using Swift’s blockchain based ledger. The transaction is notable for what the ledger did and what it did not do: it connected obligations between the banks while final settlement remained inside existing systems.
KB Kookmin Bank is becoming the first Korean financial institution to use the Kinexys Blockchain Deposit Account network for import and export payments. The development connects digital commercial bank money to an existing corporate payment workflow rather than creating a separate crypto product.
