Cryptocurrencies 14,993Exchanges 96Market cap $2.59T▲ 0.23%24h volume $287.20BDominance BTC 59.4% ETH 10.7%Kite Pulse 39 FearUpdated 4 minutes ago
Kryptokite
Technology1 source

Consensys launches cross-ledger settlement and routing stack for institutional networks

Headline from The Block

Image: The Block

Key points

  • Ethereum software company Consensys has launched a new cross-ledger settlement and routing technology stack designed for institutional networks.
  • The platform allows banking institutions to seamlessly route and settle financial transactions across separate, independent ledgers.
  • This functionality enables cross-network operations while allowing banks to process transactions without needing to physically move their underlying assets.

Summarized automatically by Kryptokite from reporting by The Block. Read the original sources for full detail.

Sources

  • The BlockConsensys launches cross-ledger settlement and routing stack for institutional networks · 2 hours agoRead on The Block

Story timeline

Share

Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.

What brings you here?

Sign in to Kryptokite

Sign in to build your watchlist, keep your streak and earn Kites.

No wallet is needed to start.