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Bloomberg: Canton allows financial giants to conduct repo transactions outside normal trading hours
In a departure from traditional market trading on Wall Street, some financial giants used crypto blockchains to trade US Treasuries into digital dollars on Saturday. The transaction was conducted on the Canton network via Tradeweb, heralding a future where trading will no longer be limited to the standard workweek. Developed by Digital Asset Holdings, Canton, a public blockchain, is used as a bridge for transactions, allowing standard Treasury repurchase agreements (or repo transactions) to take...
2025-08-12 11:35:13
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