[Anchorage Digital Launches Tokenized Deposit Platform to Enable On-Chain Settlement]
According to CoinDesk, U.S. federally chartered crypto bank Anchorage Digital has launched a new platform to help banks issue and manage tokenized deposits. The platform leverages blockchain technology to provide banks with 24/7 payment and settlement services without the need to replace existing core systems. Operating as a parallel layer, Anchorage handles blockchain infrastructure, wallet management, and smart contract technology, while banks maintain customer relationships and custody of deposits. Major banks such as JPMorgan Chase, Citibank, and Bank of America plan to jointly establish a tokenized deposit network by the first half of 2027.
