PANews, June 22 – According to CoinDesk, federally chartered crypto bank Anchorage Digital has launched a new platform that helps commercial banks issue and manage on-chain tokenized deposits without replacing their core systems, enabling 24/7 payments and settlement. The product generates tokenized representations of customer deposits on the blockchain, while the underlying funds remain in the banks' traditional deposit accounts. Anchorage provides the on-chain infrastructure, wallet management, and smart contract technology, while the banks retain customer relationships and fund custody.