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BlackRock has achieved a successful collateral settlement trade with Barclays through JPMorgan’s Tokenized Collateral Network.Join CryptosHeadline&#39;s Official Telegram <a href="https://t.me/CryptosHeadlines" rel="noopener noreferrer nofollow">Community Channel</a>JPMorgan Chase &amp; Co introduced the first blockchain-based collateral settlement for BlackRock on Wednesday. The largest U.S. bank by <a href="https://cryptosheadlines.com/nigerias-securities-regulator-considers-allowing-tokenized-assets-like-equity-and-property-but-not-cryptocurrency/" rel="noopener noreferrer nofollow">assets employed JPMorgan’s Tokenized</a> Collateral Network (TCN) to transform shares from one of its money market funds into digital tokens. These tokens were subsequently utilized as collateral in an over-the-counter derivatives trade between the two institutions, with Barclays Plc being the counterparty.<h3 id="blackrock-completes-jpmorgan-blockchain-collateral-settlement">BlackRock Completes JPMorgan Blockchain Collateral Settlement</h3>BlackRock successfully wrapped up a collateral settlement deal with Barclays using JPMorgan’s Tokenized <a href="https://cryptosheadlines.com/jpmorgan-launches-tokenized-collateral-network-in-blackrock-barclays-trade/" rel="noopener noreferrer nofollow">Read More...</a>

JPMorgan Launches Tokenized Collateral Network in BlackRock-Barclays Trade

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