Market Infrastructure Giants to Tap DLT for Collateral Management

Market Infrastructure Giants to Tap DLT for Collateral Management

A group of central securities depositories (CSDs) is working with stock exchange operator Deutsche Börse on a new blockchain-based solution aimed to improve collateral management. CSDs from Canada, Luxembourg, Norway and South Africa – all members of the Liquidity Alliance – are working with the stock exchange firm to create what they have dubbed the “LA Ledger”. The initiative is currently in the prototyping phase, using the code underlying the Hyperledger project as its basis. The firms involved are looking to seek approval for the solution from regulators later this year, according to....


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