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While the crypto world debates whether tokenized deposits will kill stablecoins, and some investors in traditional finance claim that (transferrable, onchain) money market funds would make both obsolete, the fact is that the future of onchain institutional finance requires tokenized commercial bank deposits, stablecoins, and tokenized money market funds.
Sygnum, a global digital asset banking group, announces the launch of Sygnum Connect, its 24/7 multi-asset instant settlement network. The network settles fiat, digital assets and stablecoin transactions for institutional investors, liquidity providers, stablecoin issuers, brokers and selected exchanges.
Safe, the leading smart wallet infrastructure provider, is collaborating with Sygnum, a global digital asset banking group, and CoinCover, a UK-regulated recovery service provider, to launch Safe{RecoveryHub}, offering a curated suite of crypto recovery options. Built with Safe’s battle-tested smart account infrastructure at its core, this marketplace of solutions lays the technical groundwork for a tailored approach to smart account recovery.
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