TechCointelegraphabout 2 hours ago
Virtu, Tradeweb complete onchain repo with Marshall Islands bond
1 min read
Virtu Financial, M1X Global and Tradeweb completed an onchain repo using the Marshall Islands-issued USDM1 bond as collateral, settling on the Canton Network in under 10 minutes. The US dollar-denominated sovereign bond is backed 1:1 by short-term US Treasurys.
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