Behind the Cosmos-Zeeve Partnership: Pairing Ledger Technology With Battle-Tested Operations
Tokenized deposits give institutions a way to modernize money without leaving the banking system behind. Moving cash between entities and jurisdictions can happen with better automation, lower transaction costs, and settlement that runs 24/7 instead of waiting on banking hours. The token itself carries the properties of digital money, programmable payments, smart contract logic, instant settlement, while the deposit underneath keeps the properties that make banks trustworthy: regulatory oversight, deposit insurance, yield, and a track record built over centuries of surviving economic cycles.
That combination is why the model is moving from pilot to production in multiple markets at once. Singapore's Monetary Authority has been running Project Guardian since 2022 to test it, with Kinexys by J.P. Morgan among the first participants, building tokenized deposit infrastructure to settle a public blockchain transaction. In the US, JPMorgan, Citi, Bank of America, and a group of other major banks are now building a shared tokenized deposit network through The Clearing House, targeting mid-2027, so corporate treasury activity, programmable payments, real-time liquidity, cross-border settlement, stays inside the regulated banking system rather than migrating to stablecoins.
Getting there takes more than ledger technology. It takes the operational side too, the part that turns a proven ledger into something institutions can actually run in production. That's the gap Cosmos and Zeeve are now addressing together.
What the Partnership Covers
Under the partnership, Zeeve will offer solutions built on the Cosmos stack, bringing it to its own enterprise customer base. Cosmos supplies the ledger and issuance layer, while Zeeve supplies its deployment and operations expertise, including fully managed networks, migration support, production architecture, dedicated node and validator operations, and privacy capabilities through its own Privacy Layer.
On the Cosmos side, its Stack has been running in production since 2019 across 150+ independent blockchains, delivering 10,000+ TPS, sub-second finality, and native interoperability. That gives enterprises a tested foundation to build tokenized deposits and asset issuance on.
Zeeve adds the operational layer regulated environments require to deploy digital ledger solutions: ISO 27001 and SOC 2 Type II compliance, round-the-clock monitoring, enterprise SLAs backed by 99.99% uptime guarantees, and privacy controls that extend across both the transaction and application workflow layers.
Put together, the two companies cover the full stack path from ledger to live deployment, so institutions building on tokenized deposits and digital assets don't have to stitch together the pieces themselves.
Why Tokenized Deposits Should Matter for Institutions
For banks, tokenized deposits create value through revenue growth, deposit retention, and treasury efficiency.
Payments that clear 24/7 across borders, settlement that skips several intermediary steps, and money that carries its own logic through delivery-versus-payment, automated treasury workflows, or agentic commerce, give banks a way to do more with the deposits they already hold instead of competing for new ones.
But none of that works if the token pulls deposits out of the bank to get there. Tokenized deposits are compatible with the existing financial system by design: they keep funds inside the bank rather than routing them to other rails, which is what protects deposit retention and the lending capacity that balance sheet depends on. A bank that loses deposits to a stablecoin loses the base it lends against; a tokenized deposit keeps that base intact while still moving at blockchain speed.
Getting the payments, settlement, and programmability benefits also requires interoperability, both across ledgers and with the external rails institutions already run on. Cosmos provides the foundation for issuance, programmability, and interoperability that this requires.
That interoperability has to work at the asset level too. Tokenized assets built on the same distributed ledger are natively interoperable and composable, since they share the same smart contract standards, which is what makes something like delivery-versus-payment or automated treasury workflows possible without custom integration for every pair of assets.
About the Organizations
Zeeve
Zeeve is a privacy-enabled enterprise blockchain infrastructure built for production-grade digital asset deployment. The company helps banks, fintechs, and institutions launch and operate blockchain systems for tokenization, stablecoins, tokenized deposits, payments, and settlement use cases. Built for regulated environments, Zeeve is SOC 2 Type II and ISO 27001 compliant and powers 25+ production blockchain networks processing more than 2B transactions monthly.
"Enterprises want blockchain infrastructure that's proven in production and a partner who can get them there without operational risk. Cosmos gives our customers the technology foundation they need, and Zeeve brings the deployment and operations expertise to put it to work."
Dr. Ravi Chamria, co-founder and CEO of Zeeve
Cosmos
Cosmos Labs is the company behind Cosmos, the world's leading digital ledger technology stack powering 150+ blockchains across finance, payments, and global business. The Cosmos stack enables institutions and governments to build sovereign, interoperable blockchains and blockchain solutions. Cosmos Labs is a wholly-owned subsidiary of the Interchain Foundation, the non-profit that supports Cosmos and its decentralized technologies.
"Zeeve brings the operational expertise that enterprise customers need to deploy blockchain infrastructure with confidence. Institutions get a robust DLT solution that uses the Cosmos ledger and tokenization stack and Zeeve's proven engineering and operations capabilities."
Barry Plunkett, Co-CEO of Cosmos
Contact us to find out more on how to pair proven ledger technology with enterprise-grade deployment and operations.
