Blockchain for Banking News

DBS, Natixis, Raiffeesen in collateral tokenization blockchain trial

token tokenization
Yesterday, blockchain fintech Ivno said it completed a trial of its collateral tokenization platform. Three un-named securities exchanges were among 28 organizations that took part in the test. Eighteen banks were involved including CIB, DBS, Itaú Unibanco, National Bank of Canada, Natixis, Raiffeisen Bank International and U.S. Bank, among others. Other participants included SBI R3, the joint venture between Japan’s SBI Holdings and R3, as well as technology firms Cobalt (FX) and Gateway DLT. “The size, scale and success of the Ivno Global Trial validated Ivno’s technology and financial design and confirmed the desire and demand for live deployment. We welcome engagement with future customers of Ivno’s live service due Q1 2020,” said Daniel Halstead, Co-founder of Ivno.

Article continues …

subscriber padlock

Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.