Securitize to Mint Stablecoins Directly With Anchorage Digital Bank
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Securitize plans to source stablecoins for trade settlement directly from Anchorage Digital Bank, bypassing intermediaries, The Defiant reported.
Tokenization platform Securitize plans to mint stablecoins directly with Anchorage Digital Bank, according to The Defiant. The arrangement would bypass intermediaries in sourcing dollars used to settle trades.
Securitize is the platform behind tokenized funds from asset managers including BlackRock, Apollo and KKR. The planned change concerns the settlement side of those transactions.
Anchorage Digital Bank is federally chartered. The source excerpt did not specify which stablecoins would be minted or when the arrangement would begin.
Source: The Defiant
