DBS Bank is currently partnering with J.P. Morgan to jointly develop an interoperability framework.
BlockBeats News, November 11th, according to The Block, Singapore's DBS Bank is collaborating with Kinexys, a digital asset platform under JPMorgan, to develop an interoperability framework aimed at enabling cross-chain transfer of tokenized deposits within both parties' on-chain ecosystems.
This collaboration seeks to build a bi-directional interoperability layer supporting cross-network transactions between public and permissioned blockchains to expand customer reach. Currently, both institutions provide customers with 24/7 liquidity services and real-time payment settlements within their blockchain systems.
According to the announcement, JPM Deposit Token users based on the Ethereum Layer 2 network Base will be able to transact with DBS Bank token service customers operating on a permissioned chain in the future. Such interactions have been limited by inherent interoperability challenges and associated security risks, which have been difficult to overcome within traditional financial architectures.
You may also like

SBF's little brother turned 225 million into 5.5 billion in one year

In a World of Disruption, How Can Humanities Workers Better Use AI?

Anthropic Open Letter: The Hypocritical Sam Altman, PUA Master

On the same day that Kraken's Fedmaster Account was approved, the banking lobbying group immediately launched a counterattack.

Bitwise: This weekend's attack accelerated the on-chain migration of the financial world

Market Downturn: Which Assets Are Worth Watching?

The real opportunity of stablecoins is not to kill Visa

Trump's AI Farce: Insult if You Don't Pay
US & Canada Crypto Tax Season 2026: Official Tax Reporting Support from WEEX × KoinX
Prepare for US & Canada crypto tax season 2026. Learn how to export your WEEX transaction history and access official reporting support through our partnership with KoinX.

Conversation between Tom Lee and "The Big Short" Author: AI has detected bubble signal, crypto correction due to gold liquidity being "siphoned off"

The true reason for Claude's ban, Kraken accessing the Federal Reserve payment system, What is the English community paying attention to?

「Buying the Dip」 of 400,000 BTC: Is $74,000 a Rebound or a Reversal?

OpenClaw, Another Batch of Middle Class Jobless

Morning News | Backpack will launch on-chain IPO subscription service; Predict.fun strategically acquires on-chain prediction platform Probable; SoFi partners with Mastercard for strategic cooperation

Inventorying the Washington power in the crypto space, who is speaking out for U.S. crypto legislation?

650 million dollars, 1.5 billion dollars, 2 billion dollars, the crypto VC landscape has changed!

Why prediction markets are the largest untapped collateral pool in DeFi
500% XAUT Staking, Zero-Fee Gold Futures and $100K Rewards: Why Traders Are Turning to WEEX for Tokenized Gold
Explore WEEX's $100,000+ gold campaign featuring 500% XAUT staking, zero-fee gold contracts, and $30,000 PAXG rewards. Trade tokenized gold today.