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Podcast: CoinDesk Podcast Network
Episode: Monument Bank Taps Privacy-Focused Midnight to Tokenize $10B in Retail Deposits
Description: Monument becomes first bank to tokenize deposits on Midnight network.
Monument Bank founder Mintoo Bhandari and Midnight Foundation President Fahmi Syed join CoinDesk's Jennifer Sanasie to announce their partnership that will bring billions of retail customer assets on-chain. And, the role of tokenization as the key to democratizing private banking and the launch of "Web 2.5" financial services.
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Timecodes:Â
01:18 - What Tokenized Deposits Unlock06:28 - Do Customers Need to Know It's on a Blockchain?08:14 - Why is Now the Right Time?12:23 - Public Blockchain + Privacy Layer: How GDPR C...