Wide-scale adoption of DLT and tokenisation expected from asset managers, finds BNY Mellon study
Survey shows that 84% and 72% of respondents plan to develop blockchain and asset tokenisation solutions respectively.
Tag: DLT
UBS joins new blockchain-based repo platform from Broadridge
Distributed ledger repo platform from Broadridge has executed more than $35 billion in average daily volume in the first few weeks since its launch.
Broadridge looks to transform repo trading with launch of new blockchain-based platform
The new platform utilises smart contracts and distributed ledger technology, a move that could potentially transform the repo market.
Deputy CEO of ASX who spearheaded exchange’s blockchain project departs
Departing deputy CEO leaves ASX to pursue interests in FinTech and blockchain technology.
ASX post-trade system replacement delayed to 2023 in latest setback
The latest delay will push the DLT post-trade project at ASX back to April 2023, as the exchange again cites COVID-19 as a cause.
Majority of banks and brokers will be ready for ASX blockchain-based post-trade system in 2022, says exchange
A recent consultation by the ASX on the CHESS replacement timetable, showed around 91% of CHESS users said they will be able to meet the revised go-live date.
ASX confirms one-year delay to DLT post-trade system
The post-trade blockchain project at ASX has been pushed back by one year as the exchange faced pressure from users to delay the launch.
Vanguard applies blockchain technology to FX forwards trading with Symbiont
Industry heavyweights Vanguard, BNY Mellon, Franklin Templeton, and State Street completed a pilot to trade FX forwards using DLT.
ASX forced to delay rollout of post-trade blockchain system
The ongoing coronavirus pandemic forced ASX to rethink the launch of its new blockchain-based post-trade settlement system.
JPX launches pilot for DLT post-trade information platform
Trust banks, asset managers, and other securities services providers have been invited by JPX to participate in the test.