Distributed ledger technology that maintains a continuously growing list of records (blocks) linked and secured using cryptography. Each block contains a timestamp and link to the previous block, creating an immutable chain. This decentralized system eliminates the need for trusted intermediaries by allowing network participants to verify transactions independently
Securitize will support the issuance and management of tokenised assets on Stellar, expanding blockchain infrastructure available to institutions seeking to bring TradFi products onchain
Under Luxembourg’s new Blockchain Law IV, the firm says it will enable asset managers to issue tokenised fund shares using distributed ledger technology, and introduce tokenised share classes within existing fund structures
The trade was executed on the Stellar network, using USDM1 as collateral through Ascend’s institutional credit facility and priced at SOFR plus 10 basis points
The distributed ledger technology Trading and Settlement System licence allows Seturion, the group’s digital settlement platform for tokenised assets, to operate as pan-European post-trade infrastructure
The US dollar-denominated deposit token supports peer-to-peer transfers between institutional clients within the Ethereum Virtual Machine ecosystem, including Layer 2 blockchain Base
The partnership seeks to offer payment networks a new settlement option with RLUSD as an additional rail, giving issuers and acquirers more flexibility to settle intraday and reduce settlement latency
