Securitize mints stablecoins directly with Anchorage Digital Bank
Photo: Crypto Briefing
The tokenization platform behind funds from BlackRock, Apollo and KKR is cutting out the middlemen on the cash side of its trades Tokenized funds have spent years promising to modernize Wall Street plumbing. The cash that settles those trades has often still moved through a chain of intermediaries. Securitize is trying to shorten that chain. The tokenization platform, which hosts funds from BlackRock, Apollo and KKR, said it will source the dollars used to settle trades from a federally chartered bank rather than from intermediaries. That bank is Anchorage Digital Bank.
Also reported by The Defiant.
Source: Crypto Briefing
