A fully integrated trading, settlement and custody infrastructure for digital assets is set to launch in 2019.
Deutsche Bank survey reveals 75% expect widespread adoption of blockchain within the next three to six years.
The Bank of Japan continues to push ever shorter settlement cycle as other countries follow suit.
The move to withdraw from GCF repo settlement will affect around 30 broker-dealer clients.
Industry expert says settlement should not be the first problem solved with blockchain.
HSBC and Deutsche Bank representatives highlighted the benefits of T2S in response to criticism from the buy-side community.
A DTCC study suggests that collateral settlement failure costs are likely to soar when new rules come into force.