These four teams
@tokifinance
@datachain_en
@millicentlabs
@provenancefdn
are at the forefront of bringing IBC to traditional finance.
We look forward to further developments as they leverage IBC's potential to reduce liquidity fragmentation and enhance interoperability.
Traditional finance institutions demand best-in-class interoperability to bring RWAs on-chain.
IBC-based solutions are battle-tested and offer top-tier security.
A showcase of teams bringing IBC to traditional finance. 🤝
Japan's largest financial institutions, including MUFG, SMBC, Mizuho & JPX, are behind
@progmat_en
, an issuance & management platform for bank-backed RWAs.
@tokifinance
@datachain_en
build its on-chain infrastructure, including IBC-based interoperability.
The team at
@MillicentLabs
won the global G20 Techsprint 2023 for their solution LOFTHub, a hybrid DEX for cross-border and ForEx in emerging and developing economy currencies.
LOFTHub utilizes IBC to link independent sovereign currency issuance chains.
@provenancefdn
has $11B on-chain TVL (almost $10B is RWAs), and 70+ active financial institutions and fintech clients.
One of its services is custom permissioned blockchains (Zones) that communicate with the public Provenance Blockchain ledger over IBC.