Hassan Maishera
On Tuesday, the Avalanche Foundation announced via a blog post that Intain Markets and FIS have launched the Digital Liquidity Gateway, a new marketplace built on Avalanche that allows regional and community banks to buy, sell, and securitize loan portfolios with greater transparency and efficiency.
Digital Liquidity Gateway brings sophisticated financial tools, once reserved for the largest institutions, to roughly 2,000 regional and community banks across the United States.
By connecting directly to FIS’s core banking systems and using artificial intelligence (AI) to automate manual workflows, Digital Liquidity Gateway aims to streamline how banks manage and securitize loans.
Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is down 2.1% today and currently trades at $17.4 per coin.
