Fiserv has launched INDX, a 24/7/365 real-time cash settlement platform designed to provide digital asset companies with instant US dollar liquidity within the traditional banking system.
The platform enables exchanges, trading desks and other crypto businesses to move dollars instantly through a single custodial account structure, potentially reducing reliance on limited-hours banking rails or onchain token transfers.
INDX will be accessible to more than 1,100 insured financial institutions within the Fiserv Deposit Network and offers up to $25 million in Federal Deposit Insurance Corporation coverage per account structure.
By combining continuous settlement functionality with regulated banking infrastructure, INDX seeks to replicate the speed of blockchain-based transfers while remaining offchain and compliant.
Fiserv, which generated more than $21 billion in revenue in fiscal 2025, has been expanding its digital asset footprint, including participation in North Dakota’s state-backed stablecoin initiative.
The launch reflects broader convergence between traditional finance and crypto infrastructure, as institutions prioritise always-on liquidity and faster collateral movement.
For digital asset companies, reliable real-time dollar settlement may offer a competitive advantage over legacy banking partners still reliant on batch-based processing and restricted operating hours.