Tradeweb executes pioneer on-chain US Treasury tokenised trade pairing
The transaction took place on the Canton Network between Franklin Templeton and Virtu Financial, and comes amid growing institutional momentum behind tokenised real-world assets.
The transaction took place on the Canton Network between Franklin Templeton and Virtu Financial, and comes amid growing institutional momentum behind tokenised real-world assets.
HSBC, BNP Paribas, Citadel Securities, CME Ventures and Broadridge among investors backing latest round as focus shifts to regulated blockchain market infrastructure.
Landmark pilot from Digital Asset’s Canton Network involving 45 organisations across 22 permissioned blockchains invited participants across 45 organisations to try 22 dApps to exchange tokenised securities, money market funds, and deposits across applications.
Landmark initiative between some of the largest organisations across the capital markets creates a ‘network of networks’ allowing siloed systems to interoperate while balancing the decentralisation with privacy and control.