The DSD will operate in the Bank of England’s Digital Securities Sandbox, allowing ClearToken to issue and settle tokenised versions of existing securities
USDM1 recently served as the sovereign securities collateral leg in the first fully onchain repo transaction executed with Virtu Financial via the Tradeweb platform
This was driven by an 19 per cent YoY rise in GC Pooling average term-adjusted volume to €260.1 billion, and an 30 per cent YoY increase in special repo to €210.4 billion
