Midnight 🤝 Monument Bank
Monument is set to become the first UK-regulated bank to tokenize retail customer deposits on a public blockchain — representing interest-bearing savings as digital tokens while remaining fully backed, redeemable in GBP, and protected under existing regulatory frameworks.
Built on Midnight’s privacy-enhancing blockchain infrastructure, this approach ensures that transaction data remains shielded and accessible only to authorized participants — enabling the use of blockchain technology while maintaining the confidentiality and compliance required in regulated financial services.
The initiative begins with a target of £250 million in tokenized deposits and represents the first phase in a broader rollout to expand access to tokenized financial products. Over time, this includes enabling exposure to asset classes such as private equity and structured products, and introducing more flexible lending models — capabilities historically reserved for institutional and private banking clients.
Together, this partnership demonstrates how regulated financial institutions can bring traditional financial products on-chain — unlocking a more flexible, accessible, and programmable financial system without compromising privacy or regulatory standards.
@midnightfdn@MidnightNtwrk Great to see real-world banking embracing blockchain innovation! Privacy and compliance together are the future. 🚀👏 #Midnight
Still waiting to get my first @MidnightNtwkr merch! 💜 Looking forward to representing the Midnight community soon. Thanks @sabrinaliuuuu for building such an awesome community! 🚀
#Midnight#Web3#Blockchain
ICYMI: @IOHK_Charles shares how Midnight will accomplish what the first three generations of blockchain couldn’t: privacy that works, identity that scales, and cooperation that accelerates adoption.
Full breakdown below 👇
https://t.co/u1IjhJ4RbP
Still waiting to get my first @MidnightNtwkr merch! 💜 Looking forward to representing the Midnight community soon. Thanks @sabrinaliuuuu for building such an awesome community! 🚀
#Midnight#Web3#Blockchain
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