JPMorgan and DBS Bank Team Up on Cross-Border Tokenised Deposit Framework

JPMorgan, the global financial services firm, and DBS Bank, one of the leading banks in Asia, have joined forces to develop an innovative framework for cross-border tokenised deposits, aiming to enhance the efficiency and security of international banking transactions. This collaboration seeks to leverage blockchain technology to create a seamless and streamlined process for transferring funds across borders while reducing the risks and costs associated with traditional deposit systems. By integrating their expertise and resources, both institutions are poised to revolutionize the way individuals and businesses manage their deposits in a digital context, ultimately contributing to the future of banking in an increasingly interconnected world. source: https://www.coindesk.com/business/2025/11/11/jpmorgan-and-dbs-bank-team-up-on-cross-border-tokenised-deposit-framework