Cardano: Midnight Powers First UK Bank to Tokenize Retail Deposits

25-Mar-2026 The Crypto Basic

Cardano: Midnight Powers First UK Bank to Tokenize Retail Deposits

Monument partners with Midnight Foundation, the team behind Cardano-based Midnight, to become the first UK-regulated bank to tokenize retail customer deposits. According to a press release, the initiative leverages Midnight’s privacy-enhancing infrastructure to bring traditional savings products on-chain while maintaining full regulatory protections.

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