Partnership gives institutions the regulated settlement infrastructure that payments and treasury desks require, bringing bank money to on-chain capital markets for the first time.
LayerZero and Keeta announced a partnership to make tokenized commercial bank money natively transferable across the Keeta Network, Ethereum, Solana, and Base, opening the regulated settlement layer underneath global finance to any institution operating on a major public blockchain.
The partnership unites two of the most institutionally credible companies in the digital asset industry. LayerZero is the cross-chain interoperability protocol used by PayPal, Bridge, Ondo Finance, and dozens of the largest applications in crypto to enable distribution of assets across chains. Keeta, one of the only crypto companies included in the Visa Direct payments network, operates the most scalable Layer 1 blockchain ever built. The company’s technology has been audited according to the highest compliance standards in the industry and enables real-time payments to nearly 200 countries.
Together, the two companies are combining Keeta’s regulated, compliance-native infrastructure with LayerZero’s omnichain distribution to make bank-grade money usable everywhere financial institutions operate.
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The partnership introduces an institutional-grade cash management system that works across both fiat currencies and public blockchains.
Anchoring that system are Keeta Stablecoins, a new category of tokenized commercial bank money, issued in multiple fiat currencies and available natively across Ethereum, Solana, Base, and the Keeta Network via LayerZero. Keeta Stablecoins use LayerZero’s OFT Standard, a universal token standard that extends dollar liquidity across supported blockchains while allowing the issuing institution to retain full contract authority at every step.
Keeta Stablecoins are backed by commercial bank deposits held through Bivo, a U.S.-licensed financial technology platform with access to U.S. payment rails and a partner-bank network. Unlike traditional stablecoins, which are typically pegged to a single currency and rely on a mix of reserves, Keeta Stablecoins represent actual commercial bank money, issued in the format institutions need for institutional use cases. They can be moved on the chain an institution uses and settled in seconds. Later this month, Keeta Stablecoins will be available in USD alongside eight other major currencies, including the euro (EUR), Japanese yen (JPY), Chinese renminbi (CNY), British pound (GBP), Canadian dollar (CAD), Mexican peso (MXN), UAE dirham (AED), and Hong Kong dollar (HKD). The result is a seamless, internationally compliant cash system that is multi-currency and multi-chain by default.
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