VersaBank begins initiative to add foreign exchange functionality to VersaView

VersaBank (VBNK) announced it has commenced a critical initiative to add foreign exchange functionality and other enhancements to its proprietary VersaView blockchain interface technology to support the commercialization of its Real Bank Tokenized Deposits. “With more than $1 trillion in trade between the United States and Canada annually and as the only bank with ability to issue both U.S. and Canadian-dollar denominated tokenized deposits, the ability for our partners’ depositors to quickly, seamlessly and inexpensively convert these currencies to one another is a unique advantage of our RBTDs,” said David Taylor, Founder and President, VersaBank.