CryptoThe Blockabout 2 hours ago
BNY and Citadel Use Tokenized Treasury
2 min read
BNY and Citadel Securities completed a triparty repo workflow using a tokenized 2-year U.S. Treasury on Tuesday. The asset settled within minutes on BNY's private ledger before Citadel used it as collateral. This marks the first use of tokenized assets on a major triparty platform, enabling a more efficient financial system.
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