Monument Bank in the UK plans to tokenize £250 million in retail deposits
By: www.chaincatcher.com|03/25/2026 13:15:59
0
Share
Prefer us on Google
According to CoinDesk, UK challenger bank Monument Bank plans to tokenize up to £250 million (approximately $335 million) of retail customer deposits on the Midnight public blockchain network, becoming the first regulated bank in the UK to implement this initiative on a public blockchain.
The related deposits will continue to accrue interest, be fully backed, and be protected by the UK's Financial Services Compensation Scheme.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
SecondFi Warns Users Not to Claim NIGHT Tokens with Affected Wallets
Monument Bank Delays £250 Million Deposit Tokenization Project
Oil Price Cap Frozen for 4 Weeks, Gasoline at 1784 Won
The NFT party is over and everybody now owes storage rent
NFT marketplace closures expose who keeps digital art alive, from collectors paying hosting bills to conservators preserving software.
Costa Rica warns about crypto assets in political financing and strengthens its controls
Saylor: The era of intelligence and digital assets needs a bill of rights
Washington has $114 billion reasons to want Tether around
Tether went from fighting US regulators over its reserves to becoming a major Treasury buyer with growing geopolitical value.
How Crypto Stopped Waiting for Congress and Learned to Love the Regulators
Balancer fork’s 6 million BAL ask could cut holders’ redemption value
A Balancer fork seeks up to 6 million BAL. If granted tokens become eligible before the wind-down snapshot, existing holders’ redemption share could shrink.
FinCEN Expands AI Fraud Loophole in the USA by Eliminating Controls
Strategy Plans to Distribute Bitcoin Treasury Dividends Daily
Sharplink CEO: The Future of the Smart Economy
Even if the world is full of agents, it means nothing as long as a few companies can still decide where your money can flow.
Fed stablecoin proposal would make circulation a capital cost for supervised issuers
Fed stablecoin proposal: A covered issuer with $1 billion outstanding would start with a $20 million capital charge before adjustments.
Shielded Bitcoin: the proposal that aims to bring privacy without changing BTC's code
End of Bets in Brazil: What Changes and What Are the Next Steps
Galaxy Research: CFTC's 'Mention Markets' Guidance Highlights Structural Manipulation Risks in Individual Speech Predictions
What is CBDC? Governments Push for Development of Central Bank Digital Currencies
Why cash hoarding in the UK proves the world still craves permissionless money
Cash made up just 8% of UK payments in 2025, yet demand for banknotes shows why people still value an offline financial backup.
OG.com Submits Application for US Stock Perpetual Contracts to CFTC Following Coinbase, Kalshi, and Kraken's Parent Company Payward
Crypto: $2.1 trillion evaporated, on-chain economy only loses 1.6%
Despite $2.1 trillion in evaporated capitalization over a year, the crypto economy only declines by 1.6% according to Chainalysis.
Trump Rejects Iran Ceasefire, Expects Bombing After Midterms: Will Oil and Bitcoin Hold?
Solana’s Alpenglow upgrade reaches devnet with 150ms finality target
Bull Signal for Bitcoin: In 4 out of 5 Past Instances, Prices Increased
📈 According to CryptoQuant analysis, $BTC has entered a bull market phase; in four out of five similar transitions, prices continued to rise.
📊 The MVRV ratio is at 1.018. According to Axel Adler, the 1.0 threshold is critical for maintaining the bullish structure.
💰 Approximately $2.98 billion n...
Statement on the Misreporting of the Fomo App by BlockBeats
Ripple’s RLUSD supply nears $2.5B as XRPL stablecoins climb 6%
唐华斑竹 Calls for Resumption of DOG Spot Trading
Google Trends: Bitcoin Gains Ground Against AI
唐华斑竹: Quantum Computing Becomes a Core Risk Point in the Cryptocurrency Field
Russians Hold ₽3.7 Trillion in Crypto. How This Was Calculated
Expanding On-Chain Vaults: From Automated Management to Fund Manager Roles
The on-chain vault market is growing, allowing users to deposit digital assets into smart contracts that allocate funds across various on-chain markets to generate returns. The vault is essentially an "automated management safe" for digital assets. When users deposit their assets, the smart contract...
SecondFi Warns Users Not to Claim NIGHT Tokens with Affected Wallets
Monument Bank Delays £250 Million Deposit Tokenization Project
Oil Price Cap Frozen for 4 Weeks, Gasoline at 1784 Won
The NFT party is over and everybody now owes storage rent
NFT marketplace closures expose who keeps digital art alive, from collectors paying hosting bills to conservators preserving software.
Costa Rica warns about crypto assets in political financing and strengthens its controls
Saylor: The era of intelligence and digital assets needs a bill of rights
...
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
