Browsing the "Settlement" Tag

ASX DLT System ‘On Track,’ Says Annual Report

| Daniel Palmer

The Australian Securities Exchange has released its 2019 financial report, offering insight into its upcoming distributed ledger settlement system.

Russian Central Bank to Consider Gold-Backed Cryptocurrency

| Daniel Palmer

The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor.

Mutual Funds Network Calastone’s ‘Real-Time’ Blockchain Platform Is Live

| Yogita Khatri

Calastone, a transactions network for the mutual funds industry, has now moved to its own blockchain-based settlement system.

Top Banks ‘Investing $50 Million’ to Build Blockchain Settlement System

| Yogita Khatri

Around a dozen banks are said to be spending $50 million to build a blockchain-based digital cash settlement system, according to Reuters.

BitGo Offers Institutional Clients New Off-Chain Settlement System

| Nikhilesh De

BitGo is launching a new clearing and settlement service, allowing off-chain transactions between clients so assets never leave custody.

Tata Settles Securities Between National Depositories on a Blockchain

| Yogita Khatri

India's second largest firm has completed a blockchain trial of cross-border securities settlement between two central securities depositories.

Tokenized Securities: Curb Your Enthusiasm

| Noelle Acheson

Tokenized securities hold promise, but we shouldn't overlook how hard it is to spin up new markets.

Russia’s Sberbank Uses Smart Contract to Settle Three-Way Repo Deal

| Yogita Khatri

Russia’s Sberbank has settled a three-way repurchase agreement using blockchain tech, calling it a "world's first."

Singapore’s Central Bank, SGX Develop Blockchain Settlement System

| Yogita Khatri

The Monetary Authority of Singapore and the nation's stock exchange have developed a blockchain-based settlement system for tokenized assets.

Nine Japanese Banks to Trial Blockchain Settlement Using Fujitsu Tech

| Yogita Khatri

Nine Japanese banks are teaming up to trial a blockchain-based inter-bank settlement system using Fujitsu technology.