Goldman Sachs to utilize JPM Coin for repo trades

Goldman Sachs to utilize JPM Coin for repo trades
фото показано с : cointelegraph.com

2020-12-11 22:30

JPMorgan is using blockchain to drive efficiency in the repo market; Goldman and others are taking notice.

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repo goldman efficiency drive using blockchain market

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Фото:

Goldman Sachs uses JP Morgan’s blockchain to execute its first repo trade

American investment bank Goldman Sachs has completed its first repurchase agreement (repo trade) by tapping into the blockchain network of its rival, JP Morgan. A report unveiled this news on June 23, noting that the bank conducted the transaction on June 17, where it changed a tokenized version of a US Treasury bond for JPMCoin, […] The post Goldman Sachs uses JP Morgan’s blockchain to execute its first repo trade appeared first on Invezz.

2021-6-25 18:40