2026-01-10 08:29:20

Major institutional banking players are rolling out on-chain mirrored representations of deposit balances for their clients through proprietary blockchain infrastructure. This latest development signals growing momentum in bringing traditional institutional assets onto permissioned blockchain networks. For institutional clients managing digital asset strategies, having verified on-chain deposit records creates new possibilities for seamless settlement and custody verification. The move underscores how legacy financial systems are evolving to integrate blockchain technology into their core operations, particularly for clients requiring enhanced transparency and tokenized asset management.

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MysteryBoxOpener

· 17h ago

Damn, are traditional banks really going on the blockchain? It feels like we're one step closer to the crypto world completely dominating the financial industry, haha.

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WenAirdrop

· 01-12 20:53

Banks are also starting to play with on-chain deposits, and traditional finance can no longer sit still.

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Blockwatcher9000

· 01-10 08:59

Banks are finally getting serious this time.

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blockBoy

· 01-10 08:58

Banks are also starting to offer on-chain deposits, it seems traditional finance is being forced to join in haha

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NftRegretMachine

· 01-10 08:45

Banks are finally taking blockchain seriously, but this time it's permissioned chains... To put it simply, it's still the centralized approach, just dressed up with a blockchain facade. It might be convenient for institutions, but it feels like we're moving further away from true decentralization.

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