Matera has introduced Matera Workspace, an application platform that enables banks, credit unions and financial technology companies to offer digital asset services without replacing the core banking systems they already run — the back-end systems that maintain customer accounts and process transactions. The platform packages ledger infrastructure, payment capabilities, custody integrations and trading functionality in a single product, supporting stablecoins, cryptocurrencies and tokenized financial instruments — blockchain-based representations of traditional assets — alongside traditional currencies.

The launch addresses a central challenge for financial institutions exploring digital assets: connecting new financial products to existing account systems, transaction processes and regulatory controls. That task is complicated by the fact that core banking systems were built around conventional accounts and payment flows rather than blockchain-based assets. Rather than requiring banks to assemble multiple technology providers or overhaul their core infrastructure, Matera Workspace brings these components together through a single integration. Institutions can manage conventional currencies and digital assets within one unified banking environment, allowing them to explore new products without migrating their existing core systems.

Real-Time Ledger Combines Traditional and Digital Assets

At the center of the platform is Digital Twin, Matera's real-time ledger technology, which already supports instant payments in production. The ledger is built to record balances across multiple asset types, including U.S. dollars, euros, stablecoins, cryptocurrencies and tokenized instruments.

That design allows banks to display digital assets alongside conventional currency balances within the same account interface. A customer, for example, could view USDC — a stablecoin designed to track the value of the U.S. dollar — and U.S. dollar balances together rather than navigating to a separate cryptocurrency account section. The unified structure is intended to simplify account management, give financial institutions a consistent framework for handling different forms of value, and reduce the complexity of maintaining separate systems for conventional deposits and digital asset services.

Workspace pairs Digital Twin with Matera's X9.150 Payment QR technology and ready-made custody integrations, which handle the safekeeping of customers' digital assets. These components connect to a bank's existing core through one integration, reducing the need to coordinate separate vendors for ledger management, custody, payment functionality and trading infrastructure.

According to Matera, institutions can begin pilot projects without migrating their core banking systems. The company also said the platform does not require components to be removed if an institution decides not to proceed beyond the pilot stage.

Trading Engine Supports Direct Bank Transactions

Matera Workspace also includes a trading engine that enables customers to transact directly with their bank rather than relying on an external marketplace. The model is intended to keep transactions within the institution's existing operating and regulatory framework, although individual banks will remain responsible for meeting applicable compliance requirements.

The platform additionally provides tools for financial institutions to customize their applications and develop new digital asset products, including a declarative screen builder and workflows authored with artificial intelligence. Banks can configure interfaces and processes without building every component from scratch, capabilities that could help institutions test different offerings and respond to customer demand while limiting the development work associated with introducing new financial services.

By combining its ledger, custody integrations, payment QR technology and trading engine, Matera aims to simplify the technology stack banks need to introduce digital asset products.

Matera Targets Lower Barriers to Digital Asset Adoption

Carlos Netto, co-founder and chief executive of Matera North America, said banks had shown interest in digital assets but often lacked a practical starting point, one that did not involve replacing their core systems or preparing an extensive business case. Netto indicated that reducing the need for migration and avoiding complex integration projects could change how financial institutions evaluate digital asset initiatives. Instead of focusing primarily on the cost and difficulty of implementation, banks could concentrate on deciding which products would best serve their customers.

The approach reflects a broader effort across financial technology to connect emerging blockchain-based services with established banking infrastructure. Institutions must still assess customer demand, cybersecurity, custody arrangements, operational risks and regulatory obligations before introducing products.

The platform's modular design could appeal to banks and credit unions seeking to experiment with stablecoins or other digital assets while retaining their existing systems. Fintech companies may also use the infrastructure to develop services that combine conventional financial accounts with blockchain-based assets.

Matera Workspace is now available to banks, credit unions and financial technology companies. Its adoption will depend on how effectively institutions can integrate the platform into their operations and whether the technology delivers measurable improvements in cost, efficiency and customer experience. Whether early pilot projects advance into full production deployments will offer the first concrete test of those goals. The launch positions Matera to serve financial institutions seeking a gradual path into digital assets, with a unified platform intended to reduce implementation complexity while preserving existing banking infrastructure.