A growing demand for stablecoin payments and tokenized real-world assets is creating more institutional interest in blockchain-based services, according to IBM.
Technology giant IBM launched a cryptocurrency platform for US institutions, marking one of the company’s strongest pushes yet into digital assets and blockchain infrastructure.
IBM’s platform will offer US businesses and governments crypto custody and payment services by the end of the year, aiming to simplify the integration of digital assets into the existing financial infrastructure.
The new platform, called the “Digital Asset Haven,” will enable institutions to directly access onchain yield from decentralized finance (DeFi) protocols across 40 public blockchain networks. It will also help meet the complex token compliance needs of institutions operating under the same platform.
Read more