Search

Nalezeno "Collateral": 281

DTCC rules out collateral for Bitcoin-linked ETFs

27.4.2024
This notice means that exchange-traded funds and similar investment instruments with Bitcoin or other cryptocurrencies as underlying assets will not be assigned any collateral value

Nigerian Central Bank Prohibits Use of Foreign Exchange as Collateral for Local Currency Loans

10.4.2024
The Central Bank of Nigeria has barred the use of foreign exchange as collateral for local currency loans. In its April 8 letter addressed to banks, the CBN warned of severe consequences for banks that fail to comply with the latest directive. Halting the Slide of the Naira Hamstrung by ongoing...

Moonwell’s Bold $2.3M Plan to Counter Frax Hack Debt Sparks Controversy

19.1.2024
Moonwell, a decentralized finance (DeFi) borrowing and lending protocol, is facing controversy over its proposal to use $2.3 million worth of digital asset collateral to offset bad debt from Frax Finance (FRAX) pools due to a hack nearly two years ago. In a plebiscite held on December 31, 2023...

Ondo Finance Expands With Solana (SOL) – Everlodge (ELDG) to Become Major Force in $4.548T Market

26.12.2023
Ondo Finance has expanded their U.S. Treasury-backed tokens to the Solana (SOL) blockchain and ecosystem applications. As a result, investors can now use them as collateral and in Decentralized Finance (DeFi). These tokenized treasuries spearheaded the real-world asset boom to bring traditional...

Binance Rolls Out Third-Party Banking Agreement to Reduce Counterparty Risk

30.11.2023
Binance has announced the world’s first cryptocurrency triparty arrangement with a third-party banking partner, according to a press release put out by the crypto exchange Wednesday. Off-exchange collateral The agreement gives customers the option of keeping their collateral off-exchange with...

AnkrETH unites with EigenLayer’s ecosystem as Collateral Asset

23.11.2023
A recent announcement by AnkrETH on November 22 mentioned the integration of the decentralized network as an LST (liquid staking token) collateral on the innovative protocol EigenLayer, which is based on the Ethereum blockchain. The integration will introduce fresh use cases for the new liquid...

Gemini sues Genesis over GBTC shares used as Earn collateral, now worth $1.6B

27.10.2023
Genesis wants to use the shares’ initial value in claims and is not releasing additional collateral transferred by DCG, the suit claims

JPMorgan’s Tokenized Collateral Network Facilitates Blackrock-Barclays Trade

13.10.2023
Banking giant JPMorgan Chase has debuted its blockchain-based collateral settlement system. Blackrock became the first client to use JPMorgan’s Tokenized Collateral Network (TCN). The world’s largest asset manager used the system to convert shares in one of its money market funds into digital...

JPMorgan settles its first blockchain-based collateral

12.10.2023
JPMorgan Chase & Co. has successfully carried out its initial collateral settlement for clients with the help of blockchain. This is at a time when the biggest bank in the US is looking into commercial applications that are created on the technology that is at the heart of crypto. BlackRock...

Best Crypto to Buy Now October 11 – Render, Rollbit Coin, eCash

11.10.2023
JPMorgan successfully executed its first live blockchain transaction today involving tokenized shares, heralding a new era for collateral management. The banking giant facilitated the transfer of tokenized BlackRock money market fund shares to Barclays as collateral for a derivatives contract....

JPMorgan Chase Conducts First Blockchain-Based Collateral Settlement with BlackRock and Barclays

11.10.2023
The blockchain-based collateral settlement application of JPMorgan Chase & Co., a global banking giant, the Tokenized Collateral Network (TCN), is now live, having completed its inaugural transaction involving two significant clients: BlackRock and Barclays. ... Read More: JPMorgan Chase Conducts...

First Mover Americas: JPMorgan Goes Live With First Blockchain-Based Collateral Settlement

11.10.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

JPMorgan Debuts Tokenized BlackRock Shares as Collateral with Barclays

11.10.2023

Banking Giants Abuzz About Tokenization of Real-World Assets as DeFi Craves Collateral

28.9.2023
JPMorgan, Citi and Franklin Templeton are digitizing traditional assets. Will they end up trading on crypto networks like Ethereum?

Decentralized stablecoins could dominate crypto: MakerDAO founder

15.9.2023
MakerDAO’s Rune Christensen says appropriate regulation will see stablecoins become mainstream, but the real opportunity is in decentralized stablecoins

Nomura-Backed Custodian Komainu Adds Hidden Road to Crypto Collateral Management Platform

13.9.2023

Tether Boasts $72.5 Billion US Treasury Exposure as Interest in National Debt Falters

9.9.2023
Tether, the largest stablecoin in the cryptocurrency market, discussed how its leverage of U.S. treasury bills creates a steady demand for U.S. national debt as a backup of the USDT issuance. The company has exposure to almost $73 billion in U.S. debt, held directly, indirectly, or as collateral...