Ondo Finance (@OndoFinance): The European Banking Authority, the regulator for the €27.6T European banking sector, released a report raising awareness of tokenized deposits.
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The European Banking Authority, the regulator for the €27.6T European banking sector, released a report raising awareness of tokenized deposits. The report highlights growing institutional adoption of tokenization, noting that “Interest [for tokenized deposits] from credit institutions appears to be growing. Potential benefits include programmability and automation of transfers.” Ondo is proud to have built the infrastructure, demonstrated traction, and partnered with global financial institutions as the market leader in the tokenization space. To learn more about how Ondo Finance is building the infrastructure and products for the future, visit ondo.finance