Custodia, Vantage Expand Pilot Into Live Tokenized Deposit Network for US Banks
Yahoo Finance·2025-10-25 05:28
Custodia Bank and Vantage Bank Texas have unveiled a live platform for tokenized deposits, expanding their earlier pilot into a nationwide network for U.S. banks. The new platform, announced Thursday, allows participating institutions to issue tokens that represent insured deposits—essentially putting traditional bank money on a blockchain while keeping all the usual protections and regulations in place. That also makes the tokens compliant with U.S. banking laws and the GENIUS Act, which recognizes cert ...