JPM Coin Set to Revolutionize Repo Settlements on Broadridge's Distributed Ledger
Tuesday, 14 May 2024, 14:37
JPM Coin Integration with Broadridge's Distributed Ledger Repo Platform
Broadridge's Distributed Ledger Repo platform has announced the utilization of JPM Coin as the settlement mechanism, showcasing a forward-looking approach to blockchain technology.
Benefits of the Collaboration:
- Efficiency: Streamlining of intra-day, overnight, and term repo services.
This partnership underscores the growing trend of utilizing blockchain for financial transactions in the repo market, highlighting the importance of technological innovation in enhancing operational processes.
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