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A tokenized deposit is a representation of a client’s deposit balance, held on a digital ledger that the Cosmos Tokenization Suite (CTS) runs alongside the bank’s existing core. CTS enables banks to issue these deposits on a digital ledger of their choosing and synchronize them with existing cores. It also enables interoperability with digital assets on other blockchain networks. CTS offers tokenization applications built on these capabilities: 24/7 payments, treasury management, and programmable asset movement. The design assumes that the bank keeps the systems it already runs. The core banking platform remains the record of record, and CTS operates alongside it.

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Three solutions

CTS comprises three solutions that share a common technology layer. A customer buys the solution that matches the problem. Most of this documentation covers Issuance, which is the solution furthest along. Settlement and Interop are documented at overview level for now.

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Three capabilities

Issue

Tokenized deposits issued on a digital ledger running alongside the bank’s existing core, on Cosmos EVM or on the bank’s own ledger.

Synchronize

Continuous synchronization with the existing core, so tokenized balances and core balances stay in agreement.

Interoperate

Movement of value to counterparties and digital assets on other blockchain networks.

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Issue

The tokenized deposit mirrors the balance on the core, so the deposit remains a deposit and continues to be held and reported on the core. The bank chooses what that digital ledger runs on. The Cosmos EVM ledger is the recommended path and the fastest to deploy. CTS also fully supports a bank that has its own ledger or must operate one. See Digital Ledger Support.

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Synchronize

CTS connects to the bank’s existing core banking platform, including Fiserv, Jack Henry, ISO 20022 file drops, and others. Tokenization draws from the core ledger, and balance changes are written back to it. This ensures the two stay reconciled without manual intervention. See Banking Core Integrations.

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Interoperate

Tokenized deposits are only useful if value can reach counterparties. CTS uses Inter-Blockchain Communication to exchange transfer messages with other banks’ tokenization infrastructure. It also integrates with digital asset custody providers to hold and move assets on external settlement networks. See Inter-Blockchain Communication and Digital Asset Custody.

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Three applications

These capabilities are the foundation. The applications built on them are what a bank actually deploys.

24/7 Payments

Client payments clear continuously between banks, with interbank obligations settled on demand or on a schedule using a mutually agreed settlement asset.

Treasury Management

The bank’s own assets rebalanced across networks and accounts under policy.

Programmable Asset Movement

Transfers executed in response to conditions rather than manual instruction.

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