Fnality and HQLA plan to launch blockchain intraday repurchase settlement system this year
2024-06-18 08:20:05
Blockchain companies Fnality and HQLAhave announced that they have completed end-to-end testing to enable intra-day repo settlement. They plan to allow transactions on the Eurex Repo F7 system to be settled through the two blockchain networks and will go into production in the fourth quarter, subject to approval from UK regulators. Fnality, the UK-regulated system payment system, went live in December. HQLAoperates its digital collateral registry to enable intra-day collateral flows.
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