SWIFT, Clearstream and Northern Trust successfully trial tokenisation framework with SETL
The trial explored issuance, delivery versus payment, and redemption processes to support a tokenised asset market.
The trial explored issuance, delivery versus payment, and redemption processes to support a tokenised asset market.
The new network will handle tokens in a co-ordinated single operation to achieve real-time settlement between any regulated institution’s customers.
Move by blockchain and settlement payments technology specialist is designed to spur adoption of DLT by financial institutions.
New CSD promising real-time settlement is planning to begin operations from the summer of this year.
Management of newly-formed SETL business have acquired the operating assets, staff and intellectual property rights of previous incarnation.
Administrators from Quantuma to oversee restructuring of SETL, separating investments from software development business.
Ahead of the New Year, we ask industry experts to give their predictions on what to look out for in 2019. We begin with a look at some regional forecasts.