Through this collaboration with Finans Denmark, LCH aims to improve collateral management optionality and capabilities for both the Danish and international markets
SG-FORGE deposited as collateral bonds issued on the public Ethereum blockchain in exchange for Central Bank Digital Currency from France’s central bank
Adopting this model will increase the speed and precision of collateral management activities, while reducing operating costs and risks for participants, says HQLAX
The financial technology firm collaborated with Clearstream and Eurex Repo to achieve the milestone, which took place during the European Central Bank trials