Cosmos launches banking tokenization network with BitGo and 16 others

Cosmos has launched a partner network with 17 companies, including BitGo, to support financial institutions adopting tokenization and cryptocurrency infrastructure, Crypto Briefing reported. The network is designed to let banks access the systems needed to build crypto services through a single integrated environment. Rather than adopting custody, compliance, payments and settlement, and know-your-customer services separately, banks can use pre-integrated infrastructure to reduce deployment time and complexity. Cosmos provides its own tokenization suite and digital ledger technology.