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Mastercard Unveils Multi-Token Network (MTN) 
Payment processing corporation Mastercard Inc (NYSE: MA) is testing tokenized bank deposits as it plans to release a Multi-Token Network (MTN). Mastercard recently announced its latest development, noting that MTN will first be available in beta mode. The testbed will kickstart this summer in the UK. Ahead of the financial service provider, multiple pilots and projects involved tokenized cash and related applications. Some years ago, JPMorgan (NYSE: JPM) hit the headlines with its plan for an in-house digital token. The bank launched JPM in 2019 and it is currently available to its institutional clients.
Digital asset and blockchain technologies will one day become critical infrastructure for storing and moving value. The Mastercard Multi-Token Network will make transactions within this ecosystem secure, scalable and interoperable. https://t.co/Vb1JtnSTjx#digital #blockchain… pic.twitter.com/YlH8rHgQQI
— Mastercard News (@M

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