Codebase Technologies has partnered with Ovanti to support the launch of an Agentic Digital Asset Bank aimed at enabling AI-driven orchestration of digital asset portfolios for both retail and institutional customers.
The collaboration will see Ovanti’s technology arm, Datamorph, integrate its proprietary Web3 infrastructure and autonomous AI capabilities into Codebase Technologies’ Digibanc platform.
This integration reduces the need for complex core infrastructure development and allows Ovanti to deploy the solution within its broader digital ecosystem.
The partnership aligns with rising industry demand for AI adoption, with Accenture noting that nine out of ten organisations plan to increase AI spending in 2026.
Analysts project that the global AI in banking market will reach US$299.09 billion by 2033.
Built on Digibanc’s cloud-native architecture and 650+ banking APIs, the platform will use autonomous financial agents to help orchestrate digital asset portfolios.
“Financial institutions today are under immense pressure to innovate faster, while managing cost and complexity,”
said Omar Mansur, MD for APAC at Codebase Technologies.
“Our partnership with Ovanti demonstrates how Digibanc enables exactly that, providing a proven digital banking foundation that allows innovators to focus on differentiation. In this case, bringing together Agentic AI and digital assets to create an entirely new category of financial services.”
The collaboration helps Ovanti accelerate its rollout timeline while reducing operational overhead.
Featured image credit: Edited by Fintech News Australia, based on image by mrsiraphol via Magnific
This article first appeared on Fintech News UAE
