Through its Prime subsidiary, the liquidity layer aims to address an increase in fragmented liquidity in the digital assets market, requiring institutions to manage several operational workflows simultaneously
Midnight aims to bring fixed-rate and fixed-term lending up to the institutional standard necessary to manage risk, returns, duration, and regulatory capital
Through its US-regulated bank, BitGo will offer institutional-grade qualified custody and off-exchange settlement for the onchain sovereign bond, which is collateralised one-to-one by short-term US Treasuries
Circle’s US dollar-denominated stablecoin can be used by Marex clients as initial margin collateral, designed to assist in implementing digital asset portfolios while benefiting from blockchain-native rails
Galaxy Curator vaults are accessible through Fireblocks Earn, giving more than 2,400 institutional clients access to curated onchain yield strategies from within the infrastructure they already operate on
The initiative comes in response to the Depository Trust & Clearing Corporation’s (DTCC) tokenisation service, and is designed to evaluate the collateral lifecycle for tokenised US Treasuries
The memorandum of understanding outlines plans to explore the integration of their respective platforms, establishing a framework to assess technical integration and conduct pilot transactions