US: Signature Bank Launches Ethereum-Based Payments Solution for Institutional Clients

Livebit Coin News

The New York-based commercial bank has created a payments solution that is powered by a permissioned version of the Ethereum blockchain. Signature Bank, a New York-based full-service commercial bank, has partnered with trueDigital Holdings, LLC, a New York-based global financial technology firm, to launch a new digital payments platform. The new platform is dubbed “Signet” and will enable real-time payments for commercial and asset management clients of the bank.

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