Curated News
By: NewsRamp Editorial Staff
September 30, 2026
Chartered Banks in 14 Countries Adopt Alkaimi Ecosystem for Wholesale Settlement
TLDR
- Pegisai Global Holdings lets banks in 14 countries settle wholesale using 100% Whole Reserve, gaining an edge by recognizing value from 17 asset classes.
- Chartered banks use Pegisai-licensed technology on the Alkaimi Ecosystem to settle wholesale with a 100% whole-value model compliant with regulation and law.
- Pegisai Global Holdings enables banks in 14 countries to reduce operating risk and recognize value in previously excluded assets, improving global financial inclusion.
- Pegisai Global Holdings announced that chartered banks in 14 countries use its Alkaimi Ecosystem for wholesale settlement, recognizing value from 17 asset classes.
Impact - Why it Matters
This news matters because it signals a potential shift in how wholesale settlement is conducted globally. By enabling chartered banks to settle without traditional currency claims, the Alkaimi Ecosystem could reduce reliance on conventional banking infrastructures and open up new ways to recognize and mobilize value from diverse asset classes. The 100% Whole Reserve™ model might offer institutions a way to lower operating risk and increase efficiency, particularly for assets that are typically illiquid or excluded from standard settlement processes. As more asset classes are added, this could lead to greater financial inclusion and innovation. However, the fact that held value is not FDIC-insured and that the platform is not designated as systemically important means that careful regulatory oversight and risk management will be essential. Ultimately, this development could influence how banks, regulators, and businesses think about settlement, value transfer, and the boundaries of traditional finance.
Summary
In a significant development for global wholesale settlement, Pegisai Global Holdings, Inc. announced that on 1 September 2026, chartered banks began wholesale settlement operations without claims or currency on the Alkaimi Ecosystem, using licensed Pegisai technology. This milestone enables Alkaimi Ecosystem members across 14 countries to conduct traditional wholesale settlement operations through a 100% whole-value model, all while complying with existing regulation, procedures, and law. The technology, developed and licensed by Pegisai, represents a novel approach to value recognition and settlement that operates outside conventional currency frameworks.
According to Mike Rogers, spokesman for Pegisai Global Holdings, “The ecosystem’s regionally chartered bank members, using Pegisai-licensed technologies, recognize value from 17 asset classes, with further classes to follow.” The 100% Whole Reserve™ model allows member institutions to reduce operating risk and recognize value in assets that previously sat outside ordinary settlement. Value held on the ecosystem’s ledger is held under a custodial agreement, and while it is not a currency deposit and is not insured by deposit insurance or by a government agency such as the FDIC, the settlement mechanisms used in the licensed model are themselves individually insured. Supervisory classification of member operations rests with each member’s own regulator, and the platform has not been designated a systemically important financial market utility.
For more information, visit alkaimi.com or pegisai.com. This notice is issued by Pegisai Global Holdings and is not an offer of currency deposits, securities, or banking services. The original release can be viewed on www.newmediawire.com.
Source Statement
This curated news summary relied on content distributed by NewMediaWire. Read the original source here, Chartered Banks in 14 Countries Adopt Alkaimi Ecosystem for Wholesale Settlement
