The post JPMorgan and DBS Bank to Enable Tokenized Deposit Transfers Across Blockchains appeared on BitcoinEthereumNews.com.

The post JPMorgan and DBS Bank to Enable Tokenized Deposit Transfers Across Blockchains appeared first on Coinpedia Fintech News JP Morgan and Singapore’s DBS, a leading financial services group in Asia are teaming up to create a system that lets banks move tokenized deposits across different blockchains. By linking their digital banking services, the two institutions aim to make cross-bank, cross-chain transactions faster, more efficient, and available around the clock for institutional clients. This builds on their existing blockchain capabilities as they aim to expand it further.  Creating Cross-Bank, Cross-Chain Payment Highways The partnership will connect DBS Token Services with Kinexys Digital Payments that will facilitate cross-bank, cross-chain settlements.  The framework will allow tokenized deposits to be exchanged and settled smoothly across both public and private blockchains, aiming to set a new standard for the industry. After the completion, this will create “interoperability highways” between the two banks, linking public and private blockchains. Clients will be able to make on-chain transactions across institutions more easily, reaching a wider network than ever before. Both the banks already offer their clients 24/7 access to liquidity and instant payment settlements within their blockchain networks. With this collaboration, they aim to expand them.  This would allow the institutional clients of Southeast Asia’s largest bank, DBS, and the U.S.’s largest bank, JPMorgan, to pay each other and move tokenized deposits across borders in real time, 24/7. Ensuring Singleness of Money Across Chains The banks note that this system maintains the “singleness of money,” as tokenized deposits stay interchangeable and hold the same value across different banks and blockchain. This is a crucial feature in today’s multi-chain, multi-bank world. Rachel Chew of DBS Bank highlighted that the 24/7 instant payments give businesses the speed and flexibility to seize opportunities globally. She added that connecting different digital…

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Filed under: News - @ November 11, 2025 4:34 pm