In collaboration with Digital Asset, Progmat, and four MUFG companies, the proof-of-concept aims to apply blockchain technology to secondary‑market repo activity by enabling automated lifecycle processes and real‑time settlement
According to the firm, this milestone is an important step towards improving collateral mobility in the Canadian repo market with full automation of repo collateral and unlimited real-time substitution
LTP will join the consortium of DPT partners — including EquiLend, Galaxy Digital, and Marex — which are working to advance the next phase of institutional digital asset lending infrastructure
The increase reflects the continued evolution of tokenised market infrastructure and the expanding role of distributed ledger technology in modernising funding and collateral markets, the firm states
The partnership seeks to offer eligible clients a more secure and capital-efficient way of accessing digital asset liquidity through the Spotex institutional electronic communication network
FRA Executive Chairman Dr Islam Azzam noted that the success of short selling will require intensifying awareness and spreading investment knowledge among market participants
Launch partners including Marex, Clear Street, StoneX Digital, and Ripple Prime bring over US$1 billion in both institutional digital asset inventory and borrowing demand