In a transformative year for the financial industry, marked by significant advancements in technology and digital assets, Citi releases its Securities Services Evolution 2023 report, which sheds light on the ongoing evolution of global financial markets. This year’s whitepaper focuses on three key areas driving change across the industry: Financial Market Infrastructure (FMI) transformation, settlement […]
Euroclear launches its Digital Securities Issuance (D-SI) service, marking a significant milestone in its Digital Financial Market Infrastructure (D-FMI) strategy. This service facilitates the issuance, distribution, and settlement of fully digital international securities, specifically Digitally Native Notes (DNN), on Distributed Ledger Technology (DLT). The inaugural DNN was issued by the World Bank, raising EUR 100 […]
As of yesterday, reported by PYMNTS, JPMorgan has just announced the first client trade on its tokenized collateral network, a permissioned version of the Ethereum blockchain. The trade was executed between BlackRock and Barclays and involved the exchange of tokenized US Treasury bonds. The tokenized collateral network is a significant development in the evolution of […]