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.
24 Articles
24 Articles
Best Crypto to Buy as Big Banks Move to Solana
A UK enterprise blockchain development company, R3, has agreed with the Solana Foundation to tokenize its global stocks and bond funds. R3 has clients such as Euroclear, HSBC, Bank of America, the Italian central bank, and the Monetary Authority of Singapore. It boasts around $10 billion of tokenized assets on its blockchains, and now R3 […] The post Best Crypto to Buy as Big Banks Move to Solana appeared first on Modern Diplomacy.
R3 And Solana Team Up, Merging TradFi And DeFi - Data Intelligence
R3 and Solana have partnered to bring regulated financial institutions and real-world assets (RWAs) onto Solana’s public blockchain, aiming to bridge TradFi and DeFi ecosystems. The integration enables native interoperability between R3’s Corda platform, private networks, and Solana, supporting tokenized assets, stablecoin settlement, and compliance. R3 announced that Solana Foundation President Lily Liu is joining its board. Traditional finance…
Chainlink’s CCIP to Power Institutional Access to Solana, Says Sergey Nazarov - Crypto News Flash
Sergey Nazarov has announced that CCIP has gone live on the Solana to enable the secure transfer of data across different blockchain networks. Chainlink has also partnered with the Solana Foundation to support startups on Solana with technical resources and guidance. Sergey Nazarov, the co-founder of the Chainlink network, made a major announcement while speaking at the SolanaAccelerate event. He revealed that Chainlink’s Cross-Chain Interopera…
R3 and Solana Team Up, Merging TradFi and DeFi
R3 and Solana have partnered to bring regulated financial institutions and real-world assets (RWAs) onto Solana’s public blockchain, aiming to bridge TradFi and DeFi ecosystems. The integration enables native interoperability between R3’s Corda platform, private networks, and Solana, supporting tokenized assets, stablecoin settlement, and compliance. R3 announced that Solana Foundation President Lily Liu is joining its board. Traditional finance…
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