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Finzly Launches Token Galaxy for Banks

source-logo  cryptonews.net 2 h
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Ekaterina Bogatyreva

Finzly, a US fintech company providing modern banking infrastructure software, announced the launch of Token Galaxy, a new solution inside its BankOS platform designed to help banks work with both traditional and tokenized money.

Token Galaxy brings stablecoins and tokenized deposits into the same operating environment as traditional banking assets. The new product allows banks to manage fiat accounts, tokenized balances, and payments from a single infrastructure.

The platform is designed to support connections with multiple blockchain networks, token issuers, and industry consortia at the same time. This approach is meant to reduce the risk for banks that are unsure which blockchain or token standard will dominate the market.

Image: Freepik