BNY and Citadel Securities Use Tokenized Treasury in Overnight Repo

BNY and Citadel Securities have utilized a tokenized U.S. Treasury note in an overnight repo transaction, settling the two-year note on BNY's private digital ledger within minutes before Citadel Securities employed it to secure funding. For more details, refer to the original report.

Sources

• The Defiant — BNY and Citadel Securities Use Tokenized Treasury in Overnight Repo

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