Cosmos Creates Partner Network for Tokenized Bank Deposits

The Cosmos project has launched a partner network to support banks planning to issue tokenized deposits.

BitGo, Galaxy Digital, and OpenZeppelin were the first participants in the network. The list includes a total of 17 companies.

Participants will provide the necessary infrastructure for digital asset custody, crypto wallets, and security solutions.

Partners will also ensure tools for regulatory compliance, simplifying the integration of traditional financial institutions into the Cosmos ecosystem.