Banking Giants Send $30 Million in Securities Over DLT
Credit Suisse and ING say they have successful sent securities worth €25 million ($30 million) over a system built with R3's Corda.
Credit Suisse
The Paxos Settlement Service has gone live, allowing for the simultaneous exchange of cash and a select number of U.S.-listed securities on the firm's own private version of ethereum.
Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering.
Instinet and Credit Suisse helped hit the “T+0” settlement cycle for U.S. equities.
A Credit Suisse subsidiary has completed a blockchain trial for fund transactions, concluding the tech offers "considerable benefits."
The global custody bank's tech and product teams are keen to transform securities lending into a peer-to-peer market, but not all are on board.
Credit Suisse
