The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor.
Calastone, a transactions network for the mutual funds industry, has now moved to its own blockchain-based settlement system.
Around a dozen banks are said to be spending $50 million to build a blockchain-based digital cash settlement system, according to Reuters.
BitGo is launching a new clearing and settlement service, allowing off-chain transactions between clients so assets never leave custody.
India's second largest firm has completed a blockchain trial of cross-border securities settlement between two central securities depositories.
Tokenized securities hold promise, but we shouldn't overlook how hard it is to spin up new markets.
Russia’s Sberbank has settled a three-way repurchase agreement using blockchain tech, calling it a "world's first."
The Monetary Authority of Singapore and the nation's stock exchange have developed a blockchain-based settlement system for tokenized assets.
Nine Japanese banks are teaming up to trial a blockchain-based inter-bank settlement system using Fujitsu technology.
Colt and PCCW Global have added notable new members to a blockchain trial that automates normally labor-intensive wholesale settlements.