DTCC's Tokenization Service: What Ran on Canton, and What to Watch in October
More than 30 firms processed live trades with tokenized DTC securities in July, on Canton and on DTCC's private network. The commercial launch is due this month.
加载中…
More than 30 firms processed live trades with tokenized DTC securities in July, on Canton and on DTCC's private network. The commercial launch is due this month.
The industry working group's fourth round added the first cross-currency repo of tokenized gilts against non-sterling tokenized deposits, with LSEG's DiSH Cash as the cash leg.
The group's third round used European government bonds and US Treasuries against euro and dollar cash, with LSEG's DiSH tokenized bank deposits as the cash leg instead of stablecoins.
Virtu, M1X Global and Tradeweb completed a repo with a sovereign digital bond in under ten minutes, all legs settling atomically on Canton.
Four MUFG companies started a proof of concept for repo against digital money, selected for Japan's Financial Services Agency Payment Innovation Project.
DRW and HIFI traded as principals and Marex acted as prime broker and settlement agent. Temple calls it the first such repo on an exchange venue; the size was not disclosed.
