Securitize Will Mint Stablecoins Directly With Anchorage Digital Bank
The tokenization platform behind funds from BlackRock, Apollo and KKR said it will source the dollars that settle those trades from a federally chartered bank instead of intermediaries.
AI summary
Securitize, the tokenization platform used by BlackRock, Apollo and KKR funds, will mint stablecoins directly through Anchorage Digital Bank, a federally chartered institution, rather than relying on intermediaries. Sourcing settlement dollars from a regulated bank reduces counterparty and custody risk for tokenized fund trades. Traders should watch this as a step toward more institutional-grade stablecoin infrastructure, though it does not directly move any specific token price.
Narrative history
-
57M AGOCrypto Briefing · Score 35 · via Securitize mints, mints stablecoins
-
1H AGOYou’re reading thisSecuritize Will Mint Stablecoins Directly With Anchorage Digital BankThe Defiant · Score 45
-
21H AGOAnchorage Digital partners with Securitize to bring federally issued stablecoins to tokenized assetsCrypto Briefing · Score 45 · via Anchorage, Anchorage Digital
