🏦 GDF & ISDA Release Report on Tokenized MMFs for U.S. Collateral Markets @GlobalDigitalFi (GDF) and @ISDA have released a new report exploring how Tokenized Money Market Funds (TMMFs) can be used as collateral in U.S. financial markets. 🔹 300+ industry experts, 120+ organizations, and 48 firms participated in the Working Group and Industry Sandbox. 🔹 The Sandbox brought together leading institutions including @BlackRock, @Fidelity, @jpmorgan, @Citi, @usbank, @StateStreet, @CMEGroup, ICE, along with @hedera Foundation, @hashgraph, @hgraph, @ethereum, and @LayerZero_Core. 🔹 Live scenarios demonstrated tokenized collateral across Hedera and Ethereum, including collateral segregation, cross-ledger transfers, and interoperability. 🔹 Results showed faster collateral movement, automated smart contract workflows, and seamless operations across multiple custodians and blockchain networks. The report recommends advancing to Production Pilots through an Open Collateral Network, signaling growing momentum toward institutional adoption of interoperable tokenized collateral.
kimcĦi.ℏ/accShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.