The investment builds upon ING’s earlier involvement with the platform, as its blockchain team helped develop the initial version of the HQLAx application.
State Street, BNY Mellon and MUFG among those backing the tokenisation project aimed at transforming clearing and settlement.
Nine banks join IHS Markit’s design team to collaborate on Securities Financing Transaction Regulation (SFTR) reporting service.
New tokenised collateral system will make a ‘winner out of everyone’ as backers eye ambitious expansion
Tokenised collateral mobility system eyes expansion into cash and new regions ahead of market adoption at the end of the year.