The launch will enable institutional clients to access, hold, and integrate the financial instrument, backed by the US Treasury, into margin, collateral, and financing workflows
The service is designed to meet growing demand from institutional clients, especially banks and hedge funds, for secure, regulated solutions to support collateralised activities
The firm says that the investments will support HQLAX’s next phase of growth, including the continued evolution of its technology platform, collaboration with Broadridge’s DLR platform, and a planned migration to the Canton Network
The proof-of-concept is a joint launch between Mizuho Financial Group, Nomura Holdings, Japan Securities Clearing Corporation, and Digital Asset Holdings
The partnership will see the firms combine their strengths across the full lifecycle of tokenised securities, spanning trading, custody, settlement, and collateral management
Programmable Credit Protocol will enable custody-native lending against assets on the network, allowing banks, hedge funds, market makers, and other market participants to borrow and lend against tokenised securities
Transcend aims to enable real-time mobility of tokenised assets and the service now supports clients’ ability to move collateral and cash instantly and optimally, across counterparties and markets
Through the collaboration Quant’s programmable money platform is integrated into Murex’s MX.3, giving Murex’s clients access to tokenised deposit and digital bond issuance capabilities
Industry
Industry
Industry
