Description
Founded in 2017, Tassat Group Inc. delivers TassatPay, a private permissioned blockchain-based platform that gives banks and their corporate clients real-time, 24/7/365 transaction and settlement capabilities with no transaction limits, smart contract functionality, and full audit capability, all backed by deposits at FDIC-insured banks. Tassat has settled more than $2.5 trillion in transactions to date and powers The Digital Interbank Network, a live blockchain payments network used by banks such as Cogent Bank, Customers Bank, Western Alliance Bank, and Byline Bank. Tassat is also a core partner (alongside Arca Labs and tZERO) in Lynq, a real-time, yield-bearing digital asset settlement network for institutional clients. The company serves regulated global markets including financial institutions, digital asset firms, healthcare, real estate, logistics, and manufacturing, and has received recognition including a Google Cloud Customer Award and the 2023 US FinTech Award for Payments Tech of the Year.