$MIDNIGHT Catalyst Posts
March 25, 2026Single-day social intelligence recap and verified catalyst posts · ← Back to $MIDNIGHT Profile · Market Rankings
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27 source posts analyzed· 2026-03-25T19:51:37+00:00Monument Bank is bringing up to £250M of retail deposits on-chain through Midnight! Shield balances that stay interest-bearing and protected under the U.K.'s FSCS framework. Interview from Coindesk. [Spoken audio]: The world has used technology in ways that we don't really think about today. You order an Uber, you order a car, you don't think about all the things that are happening behind the scenes. You're simply getting transport. And we believe that a bank of the future will just connect people to their money really efficiently, connect people to their assets and opportunities really efficiently, and they don't have to worry about what's happening in the background. A UK Bank is bringing retail customer deposits onto the Midnight Network, a public blockchain focused on privacy. Joining us now to discuss the announcement are Monument Bank founder Mintu Bandhari and Midnight Foundation president Fami Syed. Hello to you both. Good morning. How are you? I'm doing well. Thanks. I know that you are in New York. Going to make this announcement at Das later on today. Mintu, let's start with you. Monument manages about 7 billion pounds in deposits. Talk to me a little bit about what tokenizing these deposits unlocks for your customers. So we are a fully authorized licensed Bank of England entity. So we operate in the UK currently in a community serving a community that is we think very underserved people with a decent amount of money but not so much that they can be in private banking. So what we're trying to do is actually democratize access to lots of the services that private clients have had in the past, and tokenization is going to be one of the key ways to do that. And so we're the first bank, perhaps even in the world, to actually go direct retail with tokenized deposits. And why does that matter? We can pay interest, and we can provide the guarantees the Bank of England provides very, very typical depositors, all of the rights and privileges to our clients through the tokenized system in partnership with Midnight. Unpack that a little more for me for folks who are watching at home. How does a tokenized deposit help democratize finance? How does it help customers get access to products they didn't previously have access to? First of all, look, we're privileged honored to be in partnership with one of our bank. As Mintu says, this could be a well first of taking a regulated bank from approved by one of the top four central banks in the world. You know, you think of the Fed, the Bank of England, Bank of Japan at ECB. So a regulated bank servicing high net worth individuals, as Mintu says, audience that is often underserved by bringing that into midnight network, a programmable, a network that gives you programmable privacy, that audience can come into that space and get access to other opportunities to organize assets, stable coins, and other DeFi opportunities in a way that that is one simpler and easier. You abstract away that even the blockchain even exist for the audience and men who can speak to this, they will come through the Monument Dap, they will see these available options in terms of investment tokens and assets. And for us, the importance is that we can shield and protect that from others. So they get protection of their assets, their wallets and their activity, but yet Monument can have disclosure around what is going for their own regulatory and compliance reasons. Maybe I should just dispel some, there's so much noise and confusion out there about what tokenization really means and why does it really matter, right? That's fundamentally your question. So what we're able to do, Jen, is actually give people something that's different from what they're getting from other providers. So as you probably know, there's not a strong ability to pay interest on deposits, on stable coin and other tokenized assets. So the Bank of England and we in particular have decided that we want to be able to pay interest the same way a normal bank account would and people can transfer that money back and forth from British pounds to let's call it other assets. Now, if you think about the balance sheet of a bank or even your personal balance sheet, you'll have liabilities and you'll have assets. The liabilities for a bank are the deposits. So we bring in the deposits and we pay interest on it. And then we make available to those clients assets. Now, what are the assets that they can get? They'll be able to buy assets that are unitized, tokenized, fractionalized. What many people have been doing out there to actually bring down the unit cost of things and make it more efficient and more transparent, that's the value of being able to create a set of assets that can actually be purchased in really small units through tokens, right? So things like just think about in the future, private equity, private equity has typically been a 10 year commitment at least, you know, a couple hundred thousand of commitment to a fund and that lack of let's call it liquidity in private equity can be actually solved through tokenization and unitization. So if you bring it down to 10K instead of 200K or 300K or a million, and you enable it to be traded inside a protected environment with the privacy that midnight provides, privacy and security bank level, then you've opened up a whole array of things that were never there before. So it's genuinely unique today. We are offering interest with the Bank of England guarantee on deposits the same way as any fiat deposit. On top of that, we are creating a mirror on a tokenized blockchain which is safe and secure. And in the future, that'll be deployable into assets that people have always wanted and never had the ability to access efficiently. Fami mentioned something important here and it's the abstraction of this like very technical language, abstracting away kind of any mention of how this is working behind the scenes even though we're talking about it now. I mean, will your customers even know that this is happening on a blockchain? How are you presenting this to them? And is there like an education piece that's required? There is. There's absolutely a very important sort of disclosure requirements. We're gonna have to be very clear in very simple language. But in many ways, the world has used technology in ways that we don't really think about today. So when you order an Uber, you order a car, you don't think about all the things that are happening behind the scenes. You're simply getting transport. And we believe that a bank of the future will just connect people to their money really efficiently, connect people to their assets and opportunities really efficiently, and they don't have to worry about what's happening in the background. We're just making it work much more efficiently than legacy systems have been able to. Markets move fast, crypto moves faster. From the floor of the New York Stock Exchange, CoinDesk's public keys tracks the money, markets, and moves shaping digital assets. History doesn't just happen. It's built by the bold, the brave, and the bullish. Consensus Miami is where crypto, culture, and trillions in capital converge. And ideas that fuel institutional scale are sparked. A place for those who refuse to settle for the status quo. The builders reprogramming the future of finance through every deal and decision. breaking boundaries begins with being there. Experience that for center. Fami Midnight's main net launch is scheduled for the end of March. So it is imminent. Talk to us a little bit about how this partnership fits into that rollout is the signaling, you know, maybe we might see more of these. Yeah, absolutely look. So we've been speaking about Midnight for some time about the ability for us to be both have the ability private public and private states within our network, we're very close to May night launch. So the May night launch will be in the coming days and say we're approaching the end of the month. From that, it'll be very responsible and shielded launch. We are slowly going to roll that out. As we roll that out, we will introduce more features that unlock more partners and that road map that we have over the next two to three months will enable Monument Bank to come and bring these tokenised deposits onto our mainnet. That is the first stage. The first stage is to ensure that they can tokenise those deposits, have them shielded, have them reported back to their clients so their application. The next phase of that is to then bring in other RWA stablecoins into that pool so they are eligible white listed assets that monument clients can interact with, again doing that in a very secure, private way for their audience. And then long term, it's about lending and borrowing. It's, as Min Tu says, it's, good technology is invisible. You consume technology without even recognizing what it is. And too often in blockchain, they try, every blockchain tries to be everything to everyone. And at midnight, we're very focused on is finding the right partners who, who talk to what they wanted to. And that's, we should be talking about monument and their success. But then midnight is just an invisible technology layer that sits underneath. As Mintu says, you order an Uber, you don't think about all of the maps, the databases, the technology behind it. You just know your car will arrive on time and get you to your destination. And for fintech, for finance, for customers as a whole, we're going to remove some of the barriers to entry that's existed. Part of blockchain is about democratization, tokenization is about democratization, fractionalization, but the long-term value is about collateralization. It's about bringing everything in one place, so you can actually present your worth, your value to lenders, so you can actually leverage that wealth, that opportunity that you have created for yourself. Again, these audiences often underserved. It's about empowering them to utilize and access money in a different way. Mintu, when you set out to bring this project and product to life, was it driven by customer demand, industry trends? What prompted you to make this change? I would say a little bit of a perception of what customers have been asking for and wanting, but we've not been able to really provide it in the way that we can now. Technology, we're at a beautiful time in technology where the combination of artificial intelligence and blockchain is coming together. And today, I think we can provide trust, security and efficiency in a way that actually wasn't possible a few years ago, and so we're really at an amazing point in time. And I think that this is genuinely different. We are actually doing things that are at the intersection of traditional finance and blockchain finance in the way that delivers that trust, security, and efficiency in a way that really is going to be amazingly well received. I'm sure when you set out, you looked at multiple chains. Why was midnight the right one to go with here? So I think that security and privacy but also the ability to audit. So the ability to actually interrogate what has happened and provide the right evidence and trails so that there's absolutely no issue for our clients or for the regulators. Fami, I want to touch on that piece a little bit. You know, people hear public blockchain, they hear privacy layer. It's It's a little bit hard to make sense of what this means for their data, for their information. Talk to me a little bit about how this new technology, these new innovations can still fulfill requirements that are set out by the GDPR. Sure, so if we take a step back, just so blockchain came with a promise of freedom and the freedom to be able to transact without boundaries, without borders, without any censorship, but that freedom came with surveillance. It turned into surveillance because everything's transparent and surveillance and transparency doesn't work for any major corporation, particularly banks in the financial industry. So for us, we think, Mintou said it very well, we're at this kind of very special sort of intersection of technologies, AI, blockchain, and the sort of the growth in the fintech space around newer banks and those solutions. I think we get to a place, we talk about Web 2.0, Web 2.0 being traditional finance, traditional corporations, Web 3.0 being blockchain. I think what this is, is a marriage of those, We end up with Web 2.5. Blockchain as a truth layer, as a provenance layer to the activities that banks wanna provide. So within midnight, there is no data that technically comes onto midnight. It's only proof of that data, proof of that activity. So in terms of sensitive data sitting on chain, there is none. The disclosures and elements that proof can then open up in terms of activities is all controlled by at the application level. So in this case, Monument Bank will present and build that application level. So GDPR practices, all the protection sits on their side of the firewall. This is the Midnight just acts as a provenance layer, truth layer for these activities in bringing in assets and providing authenticity around that activity without actually putting any sensitive client data or transactional data on chain. All right, I mean, just before I let the two of you go, I know we talked a little bit about the roadmap, the upcoming main net launch, but just wrap us up here. Talk to us about what folks can expect from midnight in the coming months. Yes, so main launch coming within the next few days. After that, a lot of fast follows, a lot of feature unlocks. So by the end of, I would say Q2, we have full composable contracts. If privacy is a theme and narrative that many VCs and blockchain enthusiasts have highlighted for 2026, we will be at the forefront of that. we are bringing privacy with composable contracts with smart selected disclosures. This is what we believe is the future of blockchain. This is a fourth generation. We believe the final generation of blockchain that allows large audiences, enterprises, corporations to come into this space. And we're delighted to be working with Minto and the monument team to prove that this is very much achievable. And Minto, this launches today. What can customers expect after the launch talk to us a little bit about how you plan to continue innovating within your space. Well, we're going to take this in phases. The first phase is going to be reassuring clients that they can get access to a fantastic deposit product with full guarantees of the Bank of England, the way that we've always done it, the 7 billion that we already have, which 7 billion pounds sterling about 10 billion dollars so a decent amount already and we will then move to helping them access things in the future that they've wanted so the programmability of money is coming and we're going to be doing that in a way that really fits their their needs and desires in a safe and comfortable way so I think it's really a very exciting set of communications we're gonna have to to do with clients, but it'll be in phases. It'll be an education process, a lot of hand-holding. And we're excited to undertake it. I know I said those were the last questions, but I do go to ask you, I did read in the press release that you plan to offer the Southern institutions as banking as a service. What kind of demand? I mean, are people knocking down the door asking you, you know, how do we do this? How did you bring it to life? We already have one party that in the UK and said that they would love to adapt this technology and help to propagate it. But we're early, I think there'll be a lot. And I think that around the world, we believe a lot of folks will want to be able to offer this kind of capability. It's just better, it's just the next step. And while it's a leap in terms of bringing traditional finance onto chain, it's not radical. It's actually a very thoughtful next step and a safe way to kind of move us all forward. So, you know, I think that we'll see a lot of folks that want to adapt to technology and we're very happy to provide it. Mintu, Fami, it was a pleasure. Congratulations on the launch and good luck on stage later today. Thank you very much.
AI visual analysis: The image shows a man wearing glasses, sitting at a desk with his hands outstretched as if he's giving a presentation or speech. The background features an orange wall that complements the man's attire. There are also two other people visible in the scene, one on the left side and another person partially hidden behind the man. The image is related to the post because it contains text about a man giving a presentation at Monument Bank, which could be interpreted as him being interviewed or discussing financial matters.
· 2026-03-25T12:41:04+00:00Tokenised bank retail deposits on Midnight (only possible thanks to privacy!) 1st phase target: £250 million (~335m USD) Even cooler: these tokenized deposits on Midnight can be interest-bearing!! - borrow against investments - Onchain RWAs directly from your banking app
· 2026-03-25T12:50:56+00:00LATEST: UK'S MONUMENT BANK TOKENIZES UP TO £250M IN RETAIL DEPOSITS ON MIDNIGHT NETWORK Monument, a UK-regulated challenger bank, is tokenizing up to £250 million in retail deposits on @MidnightNtwrk . The move marks the first time a UK-regulated bank has brought tokenized
· 2026-03-25T12:37:01+00:00Regulated bank. Real deposits. Public chain. Still FSCS-protected. Only possible on Midnight.
· 2026-03-25T23:07:05+00:00BREAKING: UK cbank Monument to tokenize up to £250M in retail deposits on the Midnight Network. -Cardano founder Charles Hoskinson said: "One of the largest deals we've ever done," projecting it could bring hundreds of millions to billions in TVL to the Midnight ecosystem.
· 2026-03-25T15:30:39+00:00ShieldUSD demo from @amw7 only at @buidler_fest . @midnightfdn @USDMOfficial
· 2026-03-25T14:15:57+00:00Midnight Welcomes a Traditional Finance Implementation. UK-licensed digital bank Monument Bank (managing approximately £7 billion in deposits) has announced that it will map retail clients' deposits onto the Midnight public chain. Phase One: Deposit Tokenization. The first
· 2026-03-25T18:55:22+00:00A UK bank is bringing tokenized deposits on-chain through Cardano partner-chain Midnight. Monument plans to roll out up to £250M in tokenized retail deposits using Midnight’s privacy-focused infrastructure. Here’s what it means: medium.com/tap-in-with-ta …
· 2026-03-25T12:48:08+00:00Breaking News: UK Monument Bank Announces Plan to Tokenize Up to £250 Million in Personal Deposits on the Midnight Network!! As a UK-regulated bank, this is said to be the first initiative on a public blockchain. Interest-bearing, 100% backed, and maintaining eligibility for UK
· 2026-03-25T14:52:53+00:00This is one of the largest deals we've ever done and could bring hundreds of millions to billions of TVL to the Midnight ecosystem. I'm extremely proud of @F_ZK_Nowand his team at the @midnightfdn for the hard work they put into the negotiations with Monument. Midnight is the
· 2026-03-25T18:39:51+00:00We are building a new standard for on chain privacy GalaxySwap is set to be the only DEX that’s fully private by design Built for @MidnightNtwrk • Private liquidity provision • Shielded tokens • Unshielded tokens Privacy isn’t a feature, It’s the foundation.
· 2026-03-25T18:51:37+00:00#Midnight has been building quietly for 7 years. Creating hundreds of papers and using also hundreds of other existing ones and using all Cardano experience. Ultimate blockchain is almost here. LET THE NEW ERA BEGIN! $NIGHT #Cardano #ADA #CardanoADA $Midnight #Binance
· 2026-03-25T13:58:58+00:00“The first phase will bring up to £250 million of Monument client deposits onto Midnight's network, represented as digital tokens corresponding one-to-one with funds held at the bank. The deposits will remain subject to existing regulatory protections and redeemable in pounds
· 2026-03-25T03:30:01+00:00In Charles @IOHK_Charles 's latest video, he declared the "Midnight launch week." It's a video that explains things like, "What is Midnight doing right now?" and "Where is it heading in the near future?" #Midnight #NIGHT
· 2026-03-25T17:15:58+00:00Live from Buidler Fest in Buenos Aires: Our CTO @amw7 demoed the current architecture of shieldUSD, the first privacy-focused USD stablecoin on Midnight ( @midnightfdn ). Private transfers with selective disclosure, built on the foundation of @USDMOfficial . Real privacy + real
· 2026-03-25T21:02:04+00:00JUST IN: Midnight DEX Pulse is up 30% this week.
· 2026-03-25T20:24:16+00:00These partnerships are great to see. Midnight isn’t playing games (other than Midnight City!) Excited for ZK & rational privacy
· 2026-03-25T13:12:34+00:00Massive Announcement Monument Bank is becoming the first UK bank to tokenize retail deposits on a public blockchain. They're putting £250M ($335M) of customer savings on Midnight, a privacy-focused network. Deposits stay FSCS-protected and redeemable 1:1 in GBP.
· 2026-03-25T21:49:25+00:00Midnight has been cooking hard for the past 7 years and is now about to go mainnet in a few days Its Midnight
· 2026-03-25T12:42:15+00:00Monument Bank tokenizing up to £250M of retail deposits on Midnight is bullish: it’s real TradFi validation for a privacy-focused chain. A regulated UK bank using @MidnightNtwrk for interest-bearing deposits could open the door to more banks, assets, and users.
· 2026-03-25T17:21:18+00:00Midnight Monument Bank Tokenizing UK retail deposits on-chain Secure, private, and fully regulated Starting with £250M — more to come @midnightfdn @MidnightNtwrk
· 2026-03-25T12:50:34+00:00You know the discussion is going to be great when the Dev War Room looks like this. Day 2 of Builder Fest, open sessions.
· 2026-03-25T20:47:16+00:00The difference between Cardano is that Cardano would likely solve some problems. Midnight in the other hand knows exactly what type of problems it’s solving, as shown by the announcements of today of @midnightfdn regarding their collaboration with British bank Monument.
· 2026-03-25T03:37:00+00:00Midnight.Network is a fourth-generation blockchain bringing rational privacy to Web3. It is designed to overcome the limitations of traditional blockchains, which expose all transaction data by default. It uses zero-knowledge cryptography and a novel cooperative
· 2026-03-25T13:24:14+00:00JUST IN: @AscendPerps has surpassed 5000 TRADES on testnet in 2 days! The only thing more bullish than that is the fact that it’s Midnight mainnet week Midnight DeFi is HERE!
· 2026-03-25T16:32:08+00:00Builder Fest 3 in Argentina feels bigger than a blockchain event. It reflects a deeper shift in humanity: from extraction to coordination, from opacity to trust, from fragmentation to shared purpose. Cardano and Midnight builders are helping shape that culture.
· 2026-03-25T22:07:12+00:00Partnership between Monument Bank and Midnight Network is one of the most concrete and regulated cases of blockchain adoption by a traditional bank in Europe. Here's how it could impact Midnight and the broader Cardano ecosystem (including ADA). IMPACT ON MIDNIGHT NETWORK The