Murex, Quant Network Embed Tokenized Deposits, Digital Bond Settlement into Capital Markets Infrastructure

Quant’s programmable money platform, MX.3 integration give financial institutions production-ready pathway to digital asset operations

LONDON and PARIS, March 25, 2026—Murex and Quant have forged a strategic partnership to bring institutional-grade digital asset capabilities into core trading, risk and post-trade global capital markets workflows.

The partnership comes as tokenized real-world assets cross the USD 100 billion mark. It integrates Quant’s programmable money infrastructure into Murex’s MX.3 platform. Banks and capital markets firms will be able to issue, settle and manage tokenized deposits and digital bonds within systems already operational, without needing to build parallel infrastructure.

“Banks and capital markets firms know tokenization is happening. The question they are working through is how to operationalize it without compromising the risk management, compliance and operational resilience they have spent decades building,” said Gilbert Verdian, founder and CEO of Quant. “By integrating our programmable money infrastructure with MX.3, we are giving them a clear path forward. The next generation of capital markets infrastructure will not replace what works. It will make what works programmable.”

Why This Matters Now

Tokenization has moved well beyond proof of concept. DTCC, which processed USD 3.7 quadrillion in transactions in 2024, has received SEC approval to tokenize real-world assets from mid-2026. BlackRock, Franklin Templeton and JPMorgan have live tokenized funds. The New York Stock Exchange is developing a blockchain-based venue for 24/7 trading of tokenized securities. And in the U.K., a consortium of six major banks including HSBC, Barclays and Lloyds is piloting tokenized sterling deposits on Quant infrastructure.

The challenge for institutions has been connecting these capabilities to existing capital markets operations, trading desks, risk engines, collateral management and regulatory reporting without replacing the systems that already work. This partnership addresses that gap.

“Tokenization is rapidly moving into mainstream finance as major institutions launch real-world deployments,” said Solène Khy, Murex head of FX, equities, commodities and digital assets. “This partnership enables clients to integrate these new capabilities into existing capital markets systems without overhauling their infrastructure, with a comprehensive coverage across both TradFi and DeFi, and providing flexibility in their choice of custody systems.”

Through the integration, Murex clients gain access to tokenized deposit and digital bond issuance capabilities built on Quant's Flow and Overledger platforms, enabling programmability, cross-rail payment orchestration and interoperability across public and private blockchains.

The integrated solution addresses operational challenges that historically slowed institutional digital asset adoption.

Universal interoperability: Quant’s Overledger enables MX.3 to interact with multiple blockchain protocols simultaneously, supporting both public and private distributed ledgers through one integration layer.

Operational integration: Digital asset operations run within MX.3’s existing workflows for trading, risk management, position keeping and regulatory reporting, eliminating the need for parallel systems and manual reconciliation.

Programmable logic: Smart contract functionality enables automated corporate actions, conditional payments and complex settlement sequences while maintaining institutional controls and compliance requirements.

Regulatory-ready: Full audit trails, privacy controls and jurisdiction-specific requirements, including transaction limits and KYC checks, are embedded within the tokenized asset life cycle.

Custody agnostic: Institutions retain flexibility over custody arrangements, with standardized interfaces supporting multiple custodians and wallet providers.