Bank tokenization network and institutional infrastructure

Cosmos has launched a 17-member Partner Network built around its Tokenization Suite and digital ledger technology, aiming to help banks move tokenization projects from pilots into production. The network assembles specialized providers offering custody, KYC/KYB verification, transaction monitoring, wallet infrastructure, node operations, staking, settlement, trading, financing and smart-contract security. Named participants include BitGo, Galaxy Digital, OpenZeppelin, Blockdaemon, Hypernative, Blockchain.com and eleven other firms: Anseta, Balance, BCW Group, Coinbax, DFNS, InfStones, Peersyst Technology, Silence Laboratories, Ubyx, Utila and Zeeve.

BitGo’s role is broad within the framework: regulated custody, wallets, staking, trading, financing and settlement capabilities mean a bank can satisfy multiple operational requirements through a single relationship rather than running separate procurement processes for each function. Cosmos supplies the ledger and Tokenization Suite while partner firms supply custody, verification, monitoring and integrated implementation services. The arrangement is intended to reduce the coordination burden banks face when connecting token issuance, custody, compliance and operational systems, but it is not a single pre-wired commercial agreement. Financial institutions must still negotiate and sign separate contracts with the providers they select, and regulatory accountability remains with the bank. Where a bank prefers one contracting counterparty, a systems integrator can serve as the primary contractor with other partners as subcontractors.

Technically, Cosmos plans to use the Inter-Blockchain Communication Protocol (IBC) to connect separate ledgers so tokenized deposits can move between institutions without a central intermediary. Cosmos reports that its technology supports more than 150 blockchains and secures over $70 billion in assets, and it lists tokenized deposits, round-the-clock settlement, treasury management, programmable escrow, trade finance and agentic commerce as target use cases. The company will measure the network’s success by how quickly banks move from a signed agreement to live transactions, the number of institutions operating in production, and transaction volumes over time.

A named production test is scheduled with Wells Fargo, which plans an initial cross-border tokenized-deposit rollout in fall 2026; Cosmos expects that implementation to expand to additional clients, countries, currencies and use cases through 2027. The model reduces discovery and qualification work by providing a pre-vetted vendor pool, but it does not eliminate the need for banks to decide responsibility for compliance, liquidity practices, settlement finality or redemption rules. Security, monitoring and incident-response remain central concerns—past software vulnerabilities in the Cosmos EVM family enabled roughly $5.72 million in asset theft—so auditing and continuous security services are part of the partner mix. The Partner Network’s commercial value will depend on whether banks convert these qualified relationships into named customers, live tokenized deposits, completed custody integrations and measurable transaction volumes.