Ethereum

Pilot

<p>Visa, the global payments giant, announced its intention to develop a tokenized asset platform for banks. This ambitious project, which is expected to launch in 2025, will use the Ethereum blockchain to enable financial institutions to issue their own crypto tokens backed by trusts.</p>
<h2 id="h-crypto-visa-announces-tokenized-asset-platform-for-2025">Crypto: Visa Announces Tokenized Asset Platform for 2025</h2>
<p>According to Visa, this initiative represents a major opportunity for banks. By issuing tokens on blockchains in a regulated manner, <a href="https://www.cointribune.com/en/bitcoin-one-of-europes-largest-banks-invests-in-blackrocks-etf/" target="_blank" rel="noopener noreferrer nofollow">banks will be able to offer their clients</a> direct access to onchain capital markets. This means that clients will be able to participate in these markets more transparently and securely, while benefiting from the speed and efficiency of crypto transactions.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1">
 </div>
</div>
<p>These tokenized assets offer several advantages:</p>
<ul>
 <li>First, they allow for greater asset liquidity, as they can be easily traded on crypto platforms.</li>
 <li>Additionally, tokenization allows for the fractionalization of assets, making it possible to invest in high-value assets with more modest amounts.</li>
 <li>Finally, the inherent transparency of blockchain technology ensures increased traceability and security of transactions.</li>
</ul>
<div class="affiliate-button"><a class="affiliate-button__link" href="https://bitpanda.pxf.io/c/2801338/1295465/15871" target="_blank" rel="noopener noreferrer nofollow">Discover the Bitpanda platform</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noopener noreferrer nofollow">This link uses an affiliate program.</a>
</div>
<h2 id="h-why-ethereum">Why Ethereum?</h2>
<p>The choice of Ethereum as the crypto platform for this pilot project is not random. <a href="https://www.cointribune.com/en/crypto-markets/ethereum-eth-en/" target="_blank" rel="noopener noreferrer nofollow">Ethereum</a> is one of the most used and reliable blockchains for decentralized applications and smart contracts. Its robustness and flexibility make it an ideal choice for a project of this magnitude.</p>
<p>Visa hopes that this pilot project will demonstrate the viability and benefits of tokenized assets for banks and their clients. As more and more banks and businesses explore the possibilities offered by blockchain to improve their services and offer new opportunities to their clients, the success of Visa’s pilot project could pave the way for broader adoption of tokenized assets in the banking sector.</p>
<p>Visa’s project to launch a <a href="https://www.cointribune.com/comprendre-la-tokenisation-des-actifs-guide-pas-a-pas/#:~:text=La%20tokenisation%20des%20actifs%20est,de%20liquidit%C3%A9%20aux%20actifs%20traditionnels." target="_blank" rel="noopener noreferrer nofollow">tokenized asset platform</a> on Ethereum in 2025 could transform the way banks and their clients interact with capital markets. By offering a regulated and secure solution, Visa hopes to facilitate access to crypto markets and promote innovation in the financial sector.</p>

Crypto: Visa Is Preparing A Pilot Project For Tokenized Assets On Ethereum In 2025!

Table of Contents

Cointribune EN

Other articles published on Sep 26, 2024

50-Year Analyst Peter Brandt Breaks His Silence! "A Close Above This Level Will Start a Rally in ...

Coinbase To List Hamster Kombat Perp Futures; HMSTR Price Recovery Ahead?

SEC Settles Charges with TrueCoin and TrustToken Over Fraudulent TUSD Sales

Largest Dogwifhat Whale Buys More: Is WIF Meme Coin Set for Price Surge?

Visa Launches New Tokenized Asset Platform for Banks

Upbit Sends Altcoin Prices Soaring! Here Are 30 Altcoins That Could Be Listed Next

Join our free newsletter for daily crypto updates!