Big Banks Strike Deal to Move to Solana Blockchain
- R3 and the Solana Foundation announced a strategic partnership on May 22, 2025, in London, New York, and Zug to integrate private blockchains.
- The collaboration resulted from R3's evaluation of public blockchains and aims to enable financial institutions to access Solana's scalable infrastructure.
- R3 plans to integrate its private consensus mechanism with Solana by connecting its exclusive Corda networks to Solana’s public blockchain, ensuring that data privacy is maintained throughout the process.
- The collaboration will introduce more than $10 billion in regulated real-world assets to the Solana blockchain, marking the debut of a high-quality, permissioned consensus mechanism made accessible to the public on a Layer 1 platform.
- This collaboration represents a major advancement in integrating regulated financial institutions with public blockchain technology and highlights the increasing blending of traditional finance and decentralized finance.
22 Articles
22 Articles
Best Crypto to Buy as Big Banks Move to Solana
A UK enterprise blockchain development company, R3, has agreed with the Solana Foundation to tokenize its global stocks and bond funds. R3 has clients such as Euroclear, HSBC, Bank of America, the Italian central bank, and the Monetary Authority of Singapore. It boasts around $10 billion of tokenized assets on its blockchains, and now R3 […] The post Best Crypto to Buy as Big Banks Move to Solana appeared first on Modern Diplomacy.
R3 and Solana Team Up, Merging TradFi and DeFi
R3 and Solana have partnered to bring regulated financial institutions and real-world assets (RWAs) onto Solana’s public blockchain, aiming to bridge TradFi and DeFi ecosystems. The integration enables native interoperability between R3’s Corda platform, private networks, and Solana, supporting tokenized assets, stablecoin settlement, and compliance. R3 announced that Solana Foundation President Lily Liu is joining its board. Traditional finance…
R3 And Solana Partner To Bring Regulated Financial Institutions And Real-World Assets To Public Blockchain - FinanceFeeds
R3 and the Solana Foundation have announced a strategic collaboration to integrate regulated financial networks with the Solana blockchain, establishing the first enterprise-grade, permissioned consensus service deployed directly on a public Layer 1. The initiative aims to bridge traditional financial infrastructure with decentralized networks, enabling regulated real-world assets (RWAs) to transact on Solana. “We’ve never pursued blockchain for…
Solana Nears Breakout as R3 Partnership Brings Institutional Blockchain to Public Layer-1
Solana SOL/USD is on a growth spurt gaining 2.70% in a day. The token is trading for $180.53, after giving 4.49% weekly and 18.97% monthly returns to its investors. The surge comes as the platform has recently announced a partnership with corporate blockchain giant, R3, which can close the gap between traditional finance and permissionless blockchain technology. R3, known for its DLT platform Corda, has partnered with the Solana Foundation to de…
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