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Big Banks Strike Deal to Move to Solana Blockchain

  • On May 22, 2025, R3 and the Solana Foundation announced a partnership to enable financial institutions to build private blockchains on Solana's network.
  • This collaboration arose as R3 chose Solana for its scalable infrastructure, low fees, speed, and strong ties to regulated institutions to bridge public and private blockchains.
  • R3 plans to integrate its restricted consensus system with Solana, enabling its private Corda networks to stay accessible solely to authorized participants while leveraging Solana to publicly confirm transactions.
  • The collaboration will introduce over $10 billion in regulated real-world assets onto Solana, establishing the inaugural enterprise-level, permissioned consensus mechanism accessible directly on a Layer 1 blockchain network.
  • This integration advances institutional adoption of public blockchains, signaling growing acceptance of tokenized real-world assets and increased liquidity across TradFi and DeFi sectors.
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Disruption Banking broke the news in on Thursday, May 22, 2025.
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