Interworld Trade and Finance Reserve Bank
Financial Event
2381S.E.
The Intercolonial Investment Trust, founded in 2353 to capitalize colonial expeditionary ventures, had created the yund currency as an interworld-medium of exchange in the hopes it would facilitate transactions. The currency was quickly adopted and became so successful that the Trust was spending more resources on exchange management than their primary mission.
When the Interstellar Clearinghouse Academy was created in 2378, the Trust petitioned the ICA to create an agency that would act as a central banking institution to manage the yund. The Interworld Trade and Finance Reserve Bank (precursor to the Diaspora Central Finance Authority) was chartered to undertake the role.