IBM Launches Platform to Help Banks Manage Digital Assets
Banks can now access a single platform to streamline custody, transactions, and governance of digital assets
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- Written by Banking Exchange staff
IBM has launched a platform to help banks and governments modernize how they manage and scale digital asset operations, offering a secure and scalable foundation for managing next-generation financial operations.
The IBM Digital Asset Haven provides banks with a unified solution to manage the entire digital asset lifecycle from custody and transactions to settlement, helping them stay compliant and ready for seamless integration.
Tom McPherson, general manager of IBM Z and LinuxONE, said: “This new, unified platform delivers the resilience and data governance they have been asking for, empowering governments and enterprises to build the next generation of financial services.”
Developed in collaboration with digital wallet infrastructure provider Dfns, the platform combines IBM’s full-stack infrastructure and security with Dfns’s advanced digital asset custody and management capabilities.
Key features of the platform include a unified governance and entitlement framework that manages wallet access, enforces policies, and streamlines transaction approvals.
It also offers integrated third-party solutions to speed up deployment with pre-built services for KYC, AML, yield generation, and more, alongside holistic security and key management powered by IBM’s trusted infrastructure to safeguard digital asset operations.
The launch comes amid a surge in the adoption of tokenized assets and stablecoins, signaling a pivotal moment for the banking industry. As digital finance matures, banks are being pushed to evolve, with digital assets offering an opportunity to modernize product portfolios.
Therefore, IBM Digital Asset Haven is designed to help institutions confidently engage in the evolving digital economy, backed by the same security and technical assurance that underpin IBM’s other mission-critical operations.
The platform is positioned as a comprehensive solution and offers industry-leading protection alongside native support for key residency controls, programmable multi-party approvals, and policy-driven governance frameworks.
Tagged under Big Data; Digital; Feature; Feature3; Cyberfraud/ID Theft; Cybersecurity;