Tokenization Partner Network
Cosmos Launches 17-Firm Partner Network to Help Banks Deploy Tokenization
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Key Points
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The network’s initial membership includes Galaxy Digital, Blockchain.com, Blockdaemon, OpenZeppelin, Hypernative and DFNS, alongside BitGo and ten other providers.
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Cosmos defines a tokenized deposit as a digital claim on money held at the issuing bank, meaning it remains a liability of that bank—unlike most stablecoins—and may be subject to restrictions on who can hold or transfer it.
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The network is intended to give bank procurement teams a starting list of providers already familiar with Cosmos technology, rather than functioning as a substitute for each institution’s own vendor-selection process.
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BitGo’s broader institutional infrastructure has been built over nearly a decade and is presented as combining crypto capabilities with the compliance standards expected by regulators; BitGo Inc. trades on the NYSE under the ticker BTGO.
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In the use cases described by Cosmos, programmable escrow could release funds after predefined conditions are met, while agentic commerce could allow software to make payments within preset limits.
Cosmos Labs has launched a 17-company Partner Network to help banks move tokenization projects from pilots into full production Crypto News. The network bundles Cosmos's ledger and Tokenization Suite with providers of custody, compliance, KYC, security, and settlement services, giving financial institutions a coordinated alternative to assembling vendors independently CU Broadcast.
BitGo is among the founding partners, contributing regulated custody and digital-asset services including wallets, trading, staking, and settlement Crypto News. The initiative targets tokenized deposits, 24/7 payment settlement, treasury management, and trade finance.
Who's in the 17-Firm Network
The founding members include Galaxy Digital, Blockchain.com, Blockdaemon, OpenZeppelin, Hypernative, and DFNS alongside BitGo Grafa. Together, they cover custody, compliance, security auditing, and blockchain infrastructure. The network is not a substitute for each bank's own vendor-selection process Crypto News. Banks still must review partners' licensing, security, geographic coverage, and liability arrangements independently.
What Tokenized Deposits Actually Are
Cosmos defines a tokenized deposit as a digital claim on money held at the issuing bank CoinFmania. Unlike most stablecoins, it remains a direct liability of that bank. This means the bank retains responsibility if something goes wrong. Tokenized deposits may be subject to restrictions on who can hold or transfer them Grafa.
BitGo's Decade-Long Infrastructure Play
BitGo has spent nearly a decade building institutional-grade digital-asset infrastructure Crypto News. The platform combines crypto capabilities—staking, financing, and settlement—with compliance standards expected by regulators. BitGo Inc. trades on the NYSE under ticker BTGO, giving it direct access to capital markets and public accountability.
Advanced Use Cases: Programmable Money and Autonomous Payments
The network enables use cases that weren't possible with traditional finance. Programmable escrow can release funds after predefined conditions are met—no manual approval needed Crypto News. Agentic commerce allows software to make payments within preset limits, opening doors to autonomous business processes. These capabilities extend to 24/7 settlement and treasury management CU Broadcast.
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