JPMorgan Completes First Live Blockchain-Based Collateral Settlement Transaction Involving BlackRock, Barclays



JPMorgan has successfully conducted its first live blockchain-based collateral settlement transaction using its Ethereum-based Onyx blockchain and Tokenized Collateral Network (TCN). BlackRock tokenized shares in one of its money market funds, which were then transferred to Barclays for collateral in an OTC derivatives trade. This tokenization process took only minutes and represents a significant development in the banking industry.
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LoyalDogecoinPlayersvip
· 2023-10-11 19:32
Absolutely positive Ether
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