A group of big banks and other financial institutions are stepping up their efforts to tokenise global stock and bond markets by using solana, the blockchain best known for hosting the memecoins of Donald and Melania Trump.
R3, a UK software group that has been developing blockchains for some of these big institutions, on Thursday agreed a deal with the Solana Foundation that will allow it and its customers to use the solana blockchain. The foundation, in turn, will make an undisclosed investment into R3, while its president, Lily Liu, will join R3’s board.
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