Eurex takes tokenised collateral
Commerzbank, Deutsche Börse and asset manager MEAG have made further progress in adopting blockchain technology in post-trade services.
The trio successfully completed the settlement of a legally binding secondary market securities transaction using digital tokens. Commerzbank also used the tokenised cash as collateral at Eurex Clearing.The prototype scenario reflected a delivery-vs-payment transaction and the transfer of tokenised cash. The firms are also exploring using digital ...
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