US EditionWhy Lloyds Is Betting On Blockchain, Not Crypto Speculation - Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC)
4 Articles
4 Articles
Why Lloyds Is Betting On Blockchain, Not Crypto Speculation - Grayscale Bitcoin Mini Trust (BTC) (ARCA:BTC)
The blockchain revolution is no longer confined to speculative crypto markets and decentralized finance protocols. Traditional financial institutions are now actively deploying blockchain technology to solve real operational challenges, and Lloyds Banking Group Plc (NYSE:LYG) is emerging as one of the most aggressive players in this space. While headlines focus on Bitcoin (CRYPTO: BTC) price movements and meme coin rallies, a quieter transformat…
The UK’s third largest bank has marked a milestone in financial innovation by carrying out the first UK Pound-tokenized deposit transaction in a Blockchain. *** Lloyds, the UK’s third largest bank, marks a milestone in Blockchain innovation. It carries out the first UK Pound-tokenized deposit transaction in a Blockchain. The bank issued tokenized deposits in Canton, and then used them to buy Archax’s tokenized gold. The operation illustrates how…
Lloyds Bank Pioneers Blockchain for Trade Finance, Targets Tokenized Deposits by 2027
In a significant move that underscores the accelerating convergence of traditional finance with distributed ledger technology (DLT), Lloyds Bank has announced its strategic intent to integrate blockchain into its trade finance operations and launch tokenized deposits by 2027. This commitment from one of the UK’s largest banking groups signals a profound shift, moving beyond mere exploration to foundational implementation, potentially reshaping g…
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