Deutsche Börse sets up DLT and crypto unit
Also makes an initial investment in HQLAx.
Also makes an initial investment in HQLAx.
They seek to improve collateral management of high quality liquid assets.
First live transaction using HQLAx’s securities lending app on R3’s Corda blockchain platform.
Distributed ledger technology (DLT) consortium R3, together with five of its members and financial resource management specialist HQLAX have built a collateral lending solution for liquidity transfers. The solution is based on R3’s flagship platform, Corda, and is “an operating model for a digital collateral receipt (DCR) lending marketplace”.