JPMorgan (JPM) and Singapore’s DBS Bank (D05) are developing a framework to let institutional clients move tokenised deposits across different blockchain networks.
The system would link DBS Token Services with JPMorgan’s Kinexys Digital Payments project, enabling cross-bank, cross-chain settlements, the banks said in an emailed announcement on Tuesday.
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Both banks already allow instant payments within their own blockchain systems. This new effort would connect those
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