#TokenisedDeposits

4 articles tagged #TokenisedDeposits — curated RWA tokenization coverage.

#CrossBorderPayments#AtomicSettlement#BankingInfrastructure#CIMB#DigitalBonds#InstitutionalDeFi#InstitutionalFinance#Malaysia#NatWest#ProjectAgora
Mashreq, Citi run tokenised payment on Swift
Infrastructure

Mashreq, Citi run tokenised payment on Swift

Mashreq and Citi have successfully executed a live cross-border transaction using tokenised deposits on Swift’s blockchain-based ledger. This pilot utilizes Swift’s infrastructure as a shared orchestration layer to link tokenised deposits issued by individual banks, aiming to streamline international payment friction. By integrating these digital assets into existing financial messaging frameworks, the initiative seeks to enable 24/7 real-time liquidity movement and settlement. Seventeen banks are currently participating in this MVP phase, which follows a broader design effort involving over 40 financial institutions. The project highlights a shift toward using regulated bank liabilities rather than public digital assets to maintain strict compliance and governance standards. For corporate clients, this development promises improved treasury operations and greater flexibility in managing working capital across global time zones. This milestone is significant for the RWA market as it demonstrates how traditional banking institutions can leverage distributed ledger technology to modernize legacy cross-border payment systems.

#CrossBorderPayments#BankingInfrastructure#Swift
thepaypers.com·Oct 1, 20268.0
Weekly Recap: Digital tokenised bonds and Citigroup lifts target to 860p
Infrastructure

Weekly Recap: Digital tokenised bonds and Citigroup lifts target to 860p

NatWest Group has announced strategic plans to issue three tradable digital bonds scheduled for release in the first quarter of 2027. These financial instruments are designed to be settled using tokenised deposits, marking a significant step in the bank's integration of distributed ledger technology into its debt issuance framework. This development coincides with Citigroup raising its price target for NatWest shares to 860p, reflecting positive market sentiment toward the bank's evolving operational strategy. Beyond its digital asset initiatives, NatWest continues to facilitate traditional corporate dealmaking, recently providing over £30 million in UK Export Finance-backed funding for NP Aerospace. The move toward tokenised bonds highlights a growing trend among major financial institutions to modernize settlement processes and enhance liquidity through blockchain-based infrastructure. By leveraging tokenised deposits, NatWest aims to streamline the lifecycle of debt securities, potentially reducing settlement times and operational overhead. This initiative underscores the broader institutional shift toward adopting programmable money and digital securities within the traditional banking sector.

#InstitutionalFinance#DigitalBonds#TokenisedDeposits
tradingview.com·Sep 28, 20267.0
CIMB completes Malaysia's first pilot settling tokenised sukuk with tokenised deposits
Infrastructure

CIMB completes Malaysia's first pilot settling tokenised sukuk with tokenised deposits

CIMB Group Holdings Bhd has successfully completed a pilot project testing the atomic settlement of tokenised sukuk using tokenised deposits on its proprietary CIMB Blockchain Connect network. Unlike previous Malaysian pilots that relied on traditional fiat rails for cash settlement, this initiative achieved full on-chain settlement for both the financial asset and the commercial bank money. The project involved a RM1.68 billion issuance under an existing RM10 billion senior sukuk wakalah programme, demonstrating the feasibility of instantaneous cross-border transactions. Conducted within Bank Negara Malaysia’s Digital Asset Innovation Hub, the pilot utilized a digital twin approach where on-chain tokens mirror traditional legal records. This milestone is significant for the RWA market as it proves that institutional-grade financial assets can be settled efficiently without relying on legacy banking infrastructure. By reducing settlement friction and improving liquidity management, the project paves the way for the future democratisation of investment assets for retail participants. The successful collaboration with major fund managers and government agencies highlights a growing institutional appetite for blockchain-based capital market infrastructure in Malaysia.

#AtomicSettlement#Sukuk#TokenisedDeposits
theedgemalaysia.com·Sep 2, 20268.0
Citi launches trade digitisation solution, Lloyds tests tokenised cross-border payments through Project Agorá
Infrastructure

Citi launches trade digitisation solution, Lloyds tests tokenised cross-border payments through Project Agorá

Lloyds Banking Group has successfully completed three live tokenised-deposit transactions as part of Project Agorá, a collaborative initiative convened by the Bank for International Settlements and the Institute of International Finance. This project involves seven central banks and over 40 major financial institutions, including Citi, HSBC, and JPMorgan, aiming to integrate tokenised commercial-bank deposits with central-bank reserves. During recent testing, 28 institutions executed 17 scenarios totaling approximately $1 million, achieving an average settlement time of 80 seconds. This development is significant for the RWA market as it demonstrates the potential for tokenised assets to streamline wholesale cross-border payments by enabling simultaneous settlement of different currency legs. By reducing settlement risk and timing inefficiencies, Project Agorá provides a scalable framework for institutional adoption of blockchain-based financial infrastructure. The successful execution of these transactions highlights the growing momentum among global banks to transition from traditional payment rails to tokenised, programmable settlement systems. This shift is critical for the future of RWA tokenization, as it establishes the necessary plumbing for high-value, multi-currency asset transfers on distributed ledgers.

#InstitutionalDeFi#CrossBorderPayments#ProjectAgora
theasianbanker.com·Aug 4, 20268.5

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