Major investment banks enter the tokenized deposit space, creating a new 24-hour on-chain settlement ecosystem

【Crypto World】A major traditional financial institution in the United States recently made an interesting move—launching a tokenized deposit service. In simple terms, it allows institutional clients to directly convert cash into digital tokens on a private blockchain. This enables seamless 7×24-hour payments, pledges, and margin settlement actions, making transactions faster and more efficient.

The underlying logic is quite clear: traditional financial market infrastructure needs an upgrade. To make this happen, they brought in a host of heavyweight partners—including international payment protocol teams, USD stablecoin issuers, securities tokenization platforms, trading data service providers, and major players in asset management and financial products.

From another perspective, this indicates that tokenization is gradually moving from niche innovation into the mainstream financial system. Institutions are starting to invest real money, and this is definitely not just for play.