Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

JPMorgan Completes First Collateral Settlement Using Blockchain with BlackRock-Barclays Trade



JPMorgan Chase has successfully completed its first collateral settlement using blockchain technology. The bank's Tokenized Collateral Network was used by BlackRock to convert shares into digital tokens, which were then transferred to Barclays as collateral for a derivatives trade. The use of blockchain technology allowed for almost instantaneous movement of collateral, increasing efficiency and freeing up locked capital for ongoing transactions
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)