News Heat Trend
Project Overview
Keeta is a layer-1 blockchain network designed to connect payment systems for direct transactions between blockchains. It processes transactions with 400-millisecond settlement times and 10 million transactions per second throughput. Keeta supports asset tokenization, regulatory compliance, and digital identity verification using integrated token and rule engines
Related news
KTA drops 37%, GALA drops 15%, a newly created address sells 9.3 million KTA and 2 billion GALA
Odaily News: According to Lookonchain monitoring, a newly created address received 9.3 million KTA and 2 billion GALA via a cross-chain bridge, then sold them for 1,902 ETH, worth $3.64 million, causing KTA to drop 37% and GALA to drop 15%.
LayerZero Partners with Keeta to Support Cross-Chain Transfers of Tokenized Bank Deposits
LayerZero has announced a partnership with Keeta to support the transfer of tokenized commercial bank deposits across public chains including Keeta Network, Ethereum, Solana, and Base, aiming to provide institutional cross-chain settlement infrastructure.According to the announcement, the two parties will combine LayerZero's omnichain interoperability protocol with Keeta's compliance infrastructure to support institutions in fund management and payment operations. The newly introduced Keeta Stablecoins are backed by commercial bank deposits custodied by Bivo, a licensed fintech platform in the United States. Unlike traditional stablecoins, they correspond to real commercial bank deposits and allow the issuer to maintain control over the contract through LayerZero's Omnichain Fungible Token (OFT) standard.Keeta Stablecoins will launch later this month, initially supporting the US dollar, with future expansions to include the Euro, Japanese Yen, Chinese Yuan, British Pound, Canadian Dollar, Mexican Peso, UAE Dirham, Hong Kong Dollar, and other fiat currencies. (The Block)