Banks in Germany are preserving their B2B payments market with #bankdeposit #tokens minted onto DLT networks, as @LedgerInsights covers. Interoperability is key to tap into the $125-127tn market, alongside private wholesale CBDC alternatives like Fnality.
Fnality
708 posts
Seamless wholesale payments
- The UK has given legal clarity on the issuance of digital assets, a major step forward in the adoption of blockchain technology in finance. Read about this game-changing development and its impact on the industry #UK #DigitalAssets #Finance #LegalClarity
- We’re so excited about our second round of funding, securing the backing of @GoldmanSachs, @BNPParibas, @The_DTCC and many more to continue developing the first 24/7 global payments and liquidity management ecosystem for wholesale finance.#Fnality #SeriesB
- Fnality has commenced our initial phase of Sterling payment operations in a world-first for both wholesale finance and digital asset markets. We are proud of what has been achieved with initial participants @LloydsBank, @bancosantander, @UBS shorturl.at/eKNT9
- Last week, Andrew Bailey, @bankofengland Governor, supported the growth of wholesale digital money, highlighting ongoing BoE efforts. Fnality has experienced BoE commitment to innovation first hand, and we welcome engagement as we prepare for £FnPS launch.
- In a wider insight focusing on #interoperability, @inside_r3 have mentioned Fnality’s settlement infrastructure as an example of the increase in momentum of #Ethereum based projects in regulated financial markets. Thanks for the mention R3! r3.com/blog/r3s-commi…
- We are thrilled to have collaborated in the development of @The_DTCC’s Project Ion Platform. While Fnality Payment Systems is an Ethereum based system, DTCC’s Project Ion Platform is underpinned by Corda’s DLT. Read more about our collaboration below:
- #FnalityFacts There are three key components of Fnality's new global payments system. 1. We operate a true peer-to-peer market. 2. We enable atomic settlement between participants. 3. We support interoperability across platforms and jurisdictions. #Fnality #FnPS #DLT
- Delighted to announce - The Utility Settlement Coin (USC) is moving in to its next phase of maturity with the creation of Fnality International and completion of an associated 'Series A' equity round of £50m. - Read the full release blog.fnality.org/news-views/usc…
- As governments see the potential opportunities in blockchain and DLT, we're seeing growing investment worldwide. This story from China shows the value of partnership between government and markets. #DLT #infrastructure #innovatio
- The new ISO 20022 global payments messaging standard will enable a universal approach to managing cross border payments. This will enhance the speed and transparency of settlements and clarify a consistent standard of communications. #finance #paymentsn shorturl.at/fotAO
- #FnalityFacts - Fnality Payment Systems will reduce liquidity costs in wholesale financial markets. With real-time 24/7 settlements and interoperability, cash can be managed from a ‘single pool of liquidity’, avoiding fragmentation of capital. #settlement #intraday #liquidity
- Yesterday Fnality announced the completion of our £77.7m series B round led by @GoldmanSachs @BNPParibas & @The_DTCC. Our next chapter starts today with a key focus on our go-to-market activities! #SeriesB #Fnality #DLT #paymentsystemsGoldman leads new funding for Fnality blockchain payments firm reut.rs/3MIcsmp







