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$NIGHT 🚨 Monument Bank (UK-regulated, £7B+ in deposits) is partnering with Midnight to become the first bank in the UK to tokenize retail customer deposits on a public blockchain.
These aren’t just hype tokens — they’re:
- Interest-bearing savings
- 1:1 backed by GBP
- Fully redeemable
- FSCS-protected (UK government guarantee)
Target: £250 million in tokenized deposits in Phase 1.