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02.11 - 15:25
R3 acquires stablecoin issuance platform Invo
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finextra.comIntegrating Ivno’s capabilities will empower R3's Corda customers to optimise balance sheet management through tokenisation of underlying assets. It will also enhance the capabilities of the R3 Sandbox for Digital Currencies, allowing customers to experiment with tokenization of digital assets and explore various emerging stablecoin models before moving to the production-ready solution.Todd McDonald, chief product officer of R3, says: “Digital cash and tokenized liquid assets represent one of the biggest innovations in financial markets.
The underlying technology provides an opportunity to significantly optimise the cost and speed of financial transactions. The acquisition of Ivno’s high-quality software built on Corda significantly
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