Barclays Invests in Stablecoin Settlement Firm Ubyx Amid Tokenization Push
Barclays has invested in Ubyx, a firm focused on stablecoin settlement infrastructure. Ubyx is developing a framework designed to facilitate the transfer of tokenized money between issuers and institutions. This framework aims to support the exchange and redemption of funds. The investment signals growing interest in tokenized infrastructure and its potential to streamline financial processes, according to reports. The development highlights the increasing adoption of blockchain technology within traditional finance.
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