The banks aim to enable real-time cross-border payments and uphold interoperability of money across blockchains.
DBS and Kinexys by JP Morgan have teamed up to develop an interoperability framework that would allow tokenised value transfers between their respective on-chain ecosystems: DBS Token Services and Kinexys Digital Payments. The collaboration comes amid growing interest in tokenised finance The initiative seeks to enable seamless exchange and settlement of tokenised deposits across both public and permissioned blockchains, aiming to establish a new industry standard. Currently, both ba