Why Financial Institutions Must Act on Digital Assets Now
The global digital asset market has reached a monumental US$1.3 trillion, highlighting not just its potential but also the urgency for financial institutions to adapt. A 2024 State Street survey further illuminates this urgency, revealing that 62% of institutions are actively integrating or developing dedicated digital asset functions. This isn’t just about keeping pace; it’s about survival […]
Asset Tokenization in Investments: A New Paradigm for Institutional Finance
The financial industry is experiencing a fundamental shift as asset tokenization moves from an emerging concept to a core institutional strategy. Governments, central banks, and leading financial institutions such as BlackRock, State Street, and Goldman Sachs are not just exploring tokenization—they are actively integrating it into their investment frameworks. This shift is being driven by […]
How Do Cross-Border Crypto Payments Work for Financial Institutions?
Cross-border payments are integral to global trade and finance, enabling businesses and individuals to transact across international borders. Traditionally, these transactions have relied on correspondent banking networks, which can be slow, costly, and opaque. However, the emergence of cryptocurrencies offers financial institutions an alternative method for facilitating cross-border payments, promising increased speed, reduced costs, and […]
