Today R3 announced that it acquired the intellectual property and team behind Ivno, the tokenization platform. The technology enables the issuance of stablecoins but also allows different bank coins or settlement tokens to be interchangeable.
Ivno’s platform uses R3’s enterprise blockchain Corda and smart contracts to tokenize a variety of assets ranging from cash and collateral to artwork. However, we believe it’s been spending considerable time working on cash tokenization with R3. And a large number of financial institutions use R3’s technology.
Ivno’s focus has been on both Corda-based tokens and also APIs to connect tokens to other platforms.
Article continues …
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.
