Don’t Tell Anyone, but Private Blockchains Handle Over $1.5T of Securities Financing...

Don’t Tell Anyone, but Private Blockchains Handle Over $1.5T of Securities Financing a Month

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Source: Coindesk.com

Financial technology consultancy Broadridge says it handles $50 billion a day of repurchase agreements involving big banks on its permission-only DLR platform. Europe-focused securities finance private blockchain firm HQLAx says its platform can save banks as much as 100 million euros ($107 million) a year. The multitrillion-dollar repo market is the lifeblood of funding in

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The post "Don't Tell Anyone, but Private Blockchains Handle Over $1.5T of Securities Financing a Month" appeared first here Coindesk.com.

Source: Coindesk.com

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