UK banks have completed the first live customer transactions using tokenised sterling deposits, and they ran on the #GBTD platform built by Quant.
Delivered through the Great British Tokenised Deposit initiative, convened by @UKFtweets with @Barclays, @HSBC_UK, @LloydsBank, @monzo, @Nationwide, @NatWestGroup and @santanderuk, the transactions included:
➡️ Two remortgage completions, with funds locked and released automatically at completion
➡️ A marketplace purchase from a private seller, with payment released only once the goods were exchanged
Payments that execute the moment agreed conditions are met give customers more control and can help reduce fraud. More pilots are expected in the coming months, including digital asset settlement.
We're proud to have built the shared infrastructure behind this milestone, alongside @UKFtweets, the participating banks, @EYnews and Linklaters.
Read the full announcement: https://t.co/WaycMtvjCq
#TokenisedDeposits #ProgrammableMoney #Payments
Today, we announced a multi-tiered strategy to scale our Pecos, Texas campus to approximately 1.5 GW of gross power capacity, a significant expansion in a market where the fundamentals are already in place: access to power, strong utility partnerships, and proven operational execution at scale.
https://t.co/hVxw9rZjSF
Today we announced that our latest offerings, OpenDelta Index Products, will be launching in partnership with @gmci_
GMCI is the leading crypto index methodology provider, and our first product, OG30, will track their industry benchmark GMCI 30 index.
These products will allow users to simply and easily gain one-click exposure to broad-market, sector, and ecosystem indices. They abstract away all of the complexity of managing a crypto portfolio, while remaining liquid, tradeable, and composable across Solana's ecosystem.
In addition, we're excited to work with Wintermute, the industry's leading market maker, as our liquidity provider for the our index products.
By combining GMCI's methodology expertise with OpenDelta's hybrid on-chain/off-chain infrastructure and Wintermute's institutional-grade liquidity provision, we're creating index products that can truly scale while maintaining the highest standards of quality and reliability.
We're excited to share these products with you soon!
$QNT
Quant is up 15% for the first time since the start of 2024
To celebrate I’m doing another giveaway
Prize: 5 QNT
To enter:
Like ❤️
Comment $QNT
Retweet ↪️
Follow 👤
Good luck - Miles Bron
$BTC
I am hosting the largest Bitcoin giveaway on crypto Twitter
Prize: 0.2 Bitcoin or $10,000
How to enter:
Like ❤️
Follow 👤
Retweet ↪️
Comment $BTC 💭
Good luck - Miles Bron
Join my other giveaway - https://t.co/KvndtEUqut