The Cari Network announced a strategic partnership with Tassat in which Cari will acquire and incorporate select Tassat technologies and technical expertise—validated in live banking environments—into its platform, accelerating the development of Cari’s tokenized deposit network and the delivery of always-on, programmable payments for U.S. banks.
The Cari Network is the first tokenized deposit network connecting chartered banks and decentralized finance on a shared ledger, delivering instant settlement without leaving the regulatory perimeter.
The pioneer behind the first blockchain-based tokenized deposit network successfully deployed in a live U.S. banking environment, Tassat delivers institutional-grade blockchain solutions that enable regulated financial institutions to transact in real time with greater efficiency and transparency.
The S&C team advising The Cari Network includes Pete Jones, Mehdi Ansari, Michael Escue, Adrienne Harris, Jordan Wish, Jay Thornton and Patrick Gaughan.