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VERSABANK COMMENCES FOREIGN EXCHANGE FUNCTIONALITY AND OTHER ENHANCEMENTS TO SUPPORT COMMERCIALIZATION OF REAL BANK TOKENIZED DEPOSITS™

Newswire.ca - Tue Mar 17, 6:00AM CDT

Foreign Exchange Capabilities Support Core Use Case for RBTD™s, Further Strengthening Value Proposition and Extending Competitive Advantage

LONDON, ON, March 17, 2026 /CNW/ - VersaBank (or the "Bank") (TSX: VBNK) (NASDAQ: VBNK), a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced it has commenced a critical initiative to add foreign exchange functionality and other enhancements to its proprietary VersaView™ blockchain interface technology to support the commercialization of its Real Bank Tokenized Deposits™ (RBTD™s). VersaView™ is the Bank's own highly secure RBTD™ Program Participant's user interface, enabling authorized RBTD™ partners and corporate customers (holders of RBTD™s) to view and transact with their RBTD™s stored in VersaVault®-managed wallets. The foreign exchange capability will be added to the integrated U.S. and Canadian pilot programs for the Bank's RBTD™s that continue to steadily advance.

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