FIS and Intain launch Avalanche-based blockchain lending platform to help regional banks expand into capital markets

DeepFlowTech

Deep潮 TechFlow News, November 11th, according to CoinDesk, financial technology provider FIS and structured finance platform Intain announced the launch of the “Digital Liquidity Gateway” platform based on the Avalanche blockchain. The platform allows regional and community banks to securitize loans and sell them directly to institutional investors without going through traditional intermediaries.

Key features of the platform include converting loans into non-fungible tokens (NFTs), supporting automatic settlement with stablecoins including USDC, and seamless integration with FIS’s core banking systems serving over 20,000 clients worldwide. Intain’s AI engine ensures document verification before minting NFTs, guaranteeing data accuracy.

The platform has begun onboarding banks and investors, with an expected transaction volume of hundreds of millions of dollars in loans by the end of this year, initially focusing on commercial real estate and aviation finance loan pools.

FIS Digital Asset Head John Omahen stated, “Small banks are often disconnected from most capital market liquidity. We are creating a platform where assets can meet demand, enabling more efficient capital flow.”

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments