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Deep Tide TechFlow News — On March 25, according to CoinDesk, UK challenger bank Monument Bank plans to tokenize up to £250 million (approximately $335 million) of retail customer deposits on the Midnight public blockchain network, becoming the first regulated bank in the UK to carry out such an initiative on a public blockchain. These deposits will continue to accrue interest, be fully backed, and be protected by the UK Financial Services Compensation Scheme.