Tokenized Deposits Project – National Bank of Georgia Qorus-Infosys Finacle Banking Innovation Awards 2025- Nominated

Submitted by

National Bank of Georgia

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03/06/2025 Banking Innovation
The National Bank of Georgia is pioneering a regulatory-first tokenized deposits sandbox—enabling compliant, blockchain-based financial instruments that enhance flexibility, liquidity, and innovation in banking.
Innovation details
Country
Georgia
Category
Business Model Innovation
Keyword
Blockchain, Tokenization & Nfts

Innovation presentation

The National Bank of Georgia (NBG) is spearheading an innovative transformation in banking infrastructure by launching a Regulatory Sandbox initiative focused on tokenized deposits and certificates of deposit. This initiative is a pioneering regulatory-first model within the region that explores how blockchain technology can reshape traditional deposit-taking mechanisms, while engaging directly with the financial ecosystem to co-create a future-ready framework.

The NBG’s sandbox invites supervised financial institutions to propose legally compliant tokenized deposit schemes for regulatory review. This is not a pilot of a single product — it is a collaborative ecosystem initiative to develop a regulatory framework that allows for blockchain-native, programmable financial instruments.

(see the attached file)

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