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LayerZero
2026-07-23 13:05:47

LayerZero and Keeta partner to move tokenized bank deposits across chains

LayerZero has announced a partnership with Keeta to support the movement of tokenized commercial bank deposits across Keeta Network, Ethereum, Solana, and Base. The companies said the setup is designed as cross-chain settlement infrastructure for institutional users. According to the announcement, LayerZero’s omnichain interoperability protocol will be combined with Keeta’s compliance infrastructure to support treasury management and payment use cases. The product, branded as Keeta Stablecoins, is backed by commercial bank deposits held in custody by Bivo, a U.S.-licensed fintech platform. The companies said this structure differs from traditional stablecoins because the tokens correspond to real commercial bank deposits. Issuers will also be able to retain control of their contracts through LayerZero’s Omnichain Fungible Token, or OFT, standard. Keeta Stablecoins are scheduled to launch later this month, with U.S. dollar support first, followed by euro, yen, yuan, pound sterling, Canadian dollar, Mexican peso, UAE dirham, and Hong Kong dollar.

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LayerZero and Keeta partner to move tokenized bank deposits across chains