JP Morgan executes intraday repo trade using blockchain – Business Wire
JP Morgan executes intraday repo trade using blockchain – Business Wire
NEW YORK–(BUSINESS WIRE) – JP Morgan (NYSE: JPM) today announced that it has completed a live blockchain-based intraday repo transaction. The transaction was successfully completed between JP Morgan’s broker and the banking entity, using an in-house developed blockchain application that supported instant settlement and transaction maturity in hours, rather than ‘in days. The repo market […]
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