OpenAssets and Partior complete proof of concept for atomic delivery-versus-payment using tokenised deposits as settlement.
AI & Agents ·
OpenAssets and Partior have completed a proof of concept demonstrating atomic delivery-versus-payment mechanics using tokenised deposits as the settlement asset. The collaboration represents a practical test of how tokenised assets can settle simultaneous exchange of securities or assets on-chain, removing settlement risk through cryptographic atomicity.
The proof of concept addresses a long-standing challenge in financial infrastructure: ensuring that payment and delivery occur simultaneously and irreversibly. By using tokenised deposits—digital representations of cash or deposit balances—as the settlement layer, the partners demonstrated a pathway for institutions to execute instantaneous final settlement without relying on intermediaries or delayed clearing windows. This approach fits within the broader maturation of crypto payments infrastructure, where stablecoins and tokenised instruments are increasingly integrated into institutional settlement workflows.
The specific technical details of the proof of concept, including timeline for broader deployment or which asset classes or use cases the partners prioritize next, have not been disclosed.