Credit Suisse and Instinet go live with Paxos blockchain settlement system
In launching the service, the platform will allow for the simultaneous exchange of cash and securities between broker-dealers to settle US listed-equities trades.
In launching the service, the platform will allow for the simultaneous exchange of cash and securities between broker-dealers to settle US listed-equities trades.
Paxos has been given the green light to launch its blockchain-based settlement service for certain broker-dealers, including Credit Suisse and Societe Generale.
Paxos appoints former NYSE CEO as it looks to strengthen position in blockchain post-trade settlement.