What does 1,000% surge in a single product category signal about the future of exchanges? We unpack the numbers, acquisition strategy and ownership logic behind the Robinhood and Crypto.com partnership and the opportunity to earn beyond crypto trading.

BNP Paribas and HSBC have facilitated a cross-border, cross-currency tokenized-deposit transaction for Siemens using Swift’s shared ledger. The transaction reveals how a hub-of-hubs model could connect banks’ proprietary tokenized-deposit systems without requiring corporates to adopt new treasury infrastructure...

Citi’s live tokenized deposit transactions with FAB and OCBC reveal how institutional digital money could scale across banks. This Strategic Edge note examines Swift’s DLT ledger as the coordination layer, global banks as distribution hubs, and the emerging hub-of-hubs model for interbank payments, liquidity and tokenized asset settlement...

Standard Chartered has disclosed that its tokenised-money activity reached an approximately $11 billion monthly run rate...

Standard Chartered and HSBC complete interoperable tokenized deposit transaction on Swift’s blockchain-based ledger...

How Citi Custody+ and BitGo reveal the future of digital-asset custody as banks integrate cash, FX, servicing, collateral and tokenized finance...

Wells Fargo becomes the 5th GSIB to roll out tokenized deposit...

Institutional digital money is developing through a new model: global infrastructure supplied by GSIBs and always-on payment services distributed by local banks...

Institutional digital cash is evolving rapidly as tokenized deposits, blockchain-based payments and tokenized securities settlement move into production...

Bank of America is finally making its move to enter digital asset...

Siam Commercial Bank (SCB), one of Thailand's Big Four banks, has become the first financial institution to go live with Citi's integrated 24/7 USD Clearing and Citi Token Services solution...

Swift launches 24/7 tokenized deposit payments with 17 global banks, including HSBC, Citi, and Standard Chartered, preparing for first transactions...

JPMorgan expands tokenized deposit payments with 5 new currencies...

JPMorgan drops new report on Treasury Management in Tokenization and AI era. Key takeways...

Major US banks to enable interoperable tokenized deposits

Bank of England's Megan Greene: "The popularity of stablecoins could soon fade, replaced by tokenised deposits, or digital versions of traditional bank deposits."

Ant International and Thailand's KBank to leverage JPMorgan Kinexys Digital Payments for cross-border payment solution...

BIS Project Agora: tokenized central bank reserves and commercial bank deposits can operate on a shared ledge to upgrade wholesale cross-border payments...

Digital assets are pushing global markets towards a 24/7, always-on system. Bank of England's latest paper on extending settlement hours is one of the clearest signals yet of where this is heading...

JPMorgan enables cross-border fiat payout for Ripple via Mastercard and from Ondo Finance's tokenized money market fund...

Financial Conduct Authority (FCA) releases framework for fund tokenisation, signalling path towards FULLY ONCHAIN fund operating models. Key takeaways...

JPMorgan's Global Co-Head of Payments, Umar Farooq, just made the strongest case yet for tokenized deposits over stablecoins...

Citi's Shahmir Khaliq, Head of Services (one of Citi's 5 business lines) lays out the North Star for Citi’s digital asset strategy in payments. Key takeaways:

Citi Head of Service, Shahmir Khaliq, on Digital Assets

HSBC Global Payments Solutions (GPS), the global product line that provides payments, cash management, liquidity, and treasury infrastructure to institutional clients, has successfully completed a pilot simulating the issuance, transfer and atomic settlement of its Tokenised Deposit Service (TDS) on the Canton Network.

Mitsubishi Corporation is set to leverage blockchain-based tokenized deposits from JPMorgan to enable instant, cross-border fund transfers. Following successful pilot transactions using JPMorgan’s Blockchain Deposit Account, full-scale rollout is expected as early as fiscal 2026.

BMO to launch tokenized deposit product with Google and CME

US regulators greenlight public permissionless blockchains to banks

Barclays explores blockchain for tokenized deposits and payments

Five US banks are working with the Cari Network, a blockchain-based platform led by former US Comptroller of the Currency Gene Ludwig to launch a shared tokenized bank deposit network.

Card payment networks are becoming a national sovereignty issue. UK is set to explore alternatives to Visa and MasterCard

Stablecoin's balance sheet cost for European banks

2026 Tokenized Bank Deposit Outlook from Kinexys JPMorgan

Why tokenized bank deposit is a MUST for every bank?

Stablecoin could pull $6.6T deposit out of the banking system. This is an extinction level threat. Time for banks to get competitive. Here is how.

Mapping out the biggest US banks digital asset businesses and benchmarking against comparable revenue data

With trillions of dollars transferred annually, tokenized money is the undisputed leader in tokenization adoption—dominating the digital asset space far beyond traditional banking while proving its superiority vs the traditional settlement rail.

Want to understand JPMorgan's Onyx? Here are its main products and GTM strategies.