Ubyx Inc. is pleased to announce a strategic investment from Barclays, one of the world's largest financial institutions.
The investment represents a significant validation of Ubyx's approach to building clearing infrastructure for tokenized money. As a G-SIB (Global Systemically Important Bank), Barclays' participation signals deep institutional confidence in the need for neutral, regulated clearing infrastructure that connects stablecoin issuers, banks, and blockchains.
"The clearing system for tokenized money is critical infrastructure for the next generation of financial services," said Tony McLaughlin, CEO and Founder of Ubyx. "Barclays' investment reflects their understanding that digital money needs the same kind of clearing and settlement infrastructure that has underpinned traditional payments for decades."
Ubyx is building the clearing system that makes tokenized money; including stablecoins and tokenized bank deposits; universally redeemable at par value through any regulated financial institution. The network currently includes 15 stablecoin issuers, 15 blockchains, and 18 infrastructure partners.