BNY, Citadel Securities test tokenized U.S. Treasuries to speed up Wall Street financing
11 Articles
11 Articles
BNY and Citadel Securities completed the first tokenized U.S. Treasury three-party repo transaction: a two-year bond was exchanged within minutes and pledged as overnight collateral.
US financial giant BNY and market maker Citadel Securities announced on October 13th that they will utilize tokenized US Treasury bonds for settlement and trial transactions... The post BNY and Citadel Securities conduct repo transactions using tokenized US Treasury bonds first appeared on NADA NEWS.
Citadel Securities reported an operation with U.S. Treasures tokenized through the DTC service and the Canton network. In parallel, BNY Mellon plans to test tokenized operations and aims to offer continuous settlement in 2027. DTCC reported that more than 30 firms participated in testing the service.
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
