FIS and Intain launch Avalanche-based blockchain lending platform

Odaily Planet Daily reports that fintech provider FIS and structured finance platform Intain are launching a blockchain marketplace based on Avalanche to help regional banks securitize loans and sell them directly to institutional investors. The platform's core features include converting loans into non-fungible tokens (NFTs), supporting automatic settlement in stablecoins including USDC, and seamless integration with FIS's core banking system, which serves over 20,000 clients globally. Intain's AI engine ensures document verification before NFT minting, guaranteeing data accuracy. (CoinDesk)