Tradeweb Completes a Real-Time Tokenized Treasury Trade Using USDCx and Canton Settlement
Covered by 2 sources · 2 articles
2 outlets - including Cryptotimes and Crypto-economy - are covering this story. Tradeweb executed the first real-time on-chain U.S. Treasury trade against USDCx on Canton Network, enabling synchronized settlement for institutional markets.
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Tradeweb Debuts USDCx Treasury Trade on Canton Network
Tradeweb executed the first real-time on-chain U.S. Treasury trade against USDCx on Canton Network, enabling synchronized settlement for institutional markets.
Tradeweb Completes a Real-Time Tokenized Treasury Trade Using USDCx and Canton Settlement
TL;DR Tradeweb completed a real-time tokenized U.S. Treasuries transaction on Canton, pairing an onchain Treasury security with USDCx. Franklin Templeton transferred the tokenized Treasury to Virtu Financial, while Tradeweb provided executi…