While tokenization could offer numerous benefits for the financial system and broader economy, costs and risks also need to be considered. New BIS report highlights four key considerations for central banks: private sector initiatives; trade-offs between different types of settlement assets; sound regulation, supervision and oversight for tokenization; and the impact on monetary policy implementation. […]
By Arnaldur Skorri Jonsson In recent years, asset tokenization has gained significant traction in the financial world, revolutionizing how we perceive and manage various forms of assets. As this innovative technology continues to evolve, institutions are playing a pivotal role in shaping and advancing the asset tokenization space. The Tokenizer, with its commitment to providing […]
Intraday repo trade was made on JP Morgan’s Onyx intraday repo application DBS today announced that it had become the first bank in Asia to complete an intraday repurchase transaction on J.P. Morgan’s intraday repurchase application on Onyx Digital Assets, a blockchain based network which supports instant settlements and maturity of the transactions within hours […]
