Evidence record
Vantage Bank and Rio Bank complete a loan participation payment in tokenized deposits over the Hazel Network
Read the item · published 2026-10-19
Evidence
- Confidence
- Medium The institution’s own statement; quote string-matched. Proves what the institution says, not independent confirmation.
- Quote verified
- 2026-10-25 11:54 UTC
- Archived snapshot
- SHA-256
70b1165fdb087d126faa469c2e7684256e59cb7db9a8d72d67355a7b50b23a4b· fetched 2026-10-25 · Wayback Machine copy ↗ - Source type
- Official institutional Custodia Bank (Participate release via EIN Presswire) ↗
… /EINPresswire.com/ -- Participate , the Loan Sales Ecosystem for financial institutions, today announced it has completed the world's first loan participation or syndication principal and interest payment between financial institutions using tokenized deposits. The payment between two Texas banks, Vantage Bank and Rio Bank, moved through the Hazel Network, the tokenized-deposit and stablecoin platform developed by Vantage Bank and Custodia . In less than three minutes Vantage Bank posted a loan payment in Participate where principal and interest were split to a participant and transmitted, as tokenized deposits, into the buying institution's digital wallet. Loan balances and payment not …
Change log (2)
- 2026-10-25 Verify run + data (2026-10-25 afternoon deploy): verifiedAt refresh, verify snapshots, history snapshot, metrics, stablecoins, report PDF; generative fallback c (f83df75)
- 2026-10-25 Newsroom 2026-10-25 afternoon: +Jack Henry x Google Cloud GCUL tokenized deposits (ir.jackhenry.com, 16 Oct; backfill) +Vantage Bank/Rio Bank tokenized-deposit (4dad920)
Verified quotes
“The payment between two Texas banks, Vantage Bank and Rio Bank, moved through the Hazel Network, the tokenized-deposit and stablecoin platform developed by Vantage Bank and Custodia .”
“In less than three minutes Vantage Bank posted a loan payment in Participate where principal and interest were split to a participant and transmitted, as tokenized deposits, into the buying institution’s digital wallet.”
“Participate will begin offering access to loan sale payment automation using tokenized deposits and Fedwire automation for participation and syndication payments to all of Participates’ 750 network banks.”
“Hazel Network is a bank-led payments and digital asset infrastructure platform designed to unify tokenized bank deposits and stablecoins within a secure, regulated framework.”
String-matched against https://custodiabank.com/press/participate-hazel-complete-worlds-first-loan-participation-or-syndication-payment-using-tokenized-deposits/ by scripts/verify.mjs before every deploy.
AI-drafted from the primary source; quote string-matched by scripts/verify.mjs · AI-assisted