Visa, a global leader in payment solutions, has taken another major step into the cryptocurrency space by launching a platform designed for banks to test tokenized assets and smart contracts.

The new platform aims to provide financial institutions with a secure environment to explore the potential of blockchain technology. By enabling banks to experiment with tokenized assets, Visa seeks to facilitate the integration of digital currencies into traditional financial systems.

Additionally, the platform supports the testing of smart contracts, which could streamline various banking operations. This initiative underscores Visa's commitment to innovation in the rapidly evolving crypto landscape.