Hong Kong Stock Exchange Launches Blockchain-Based Settlement Platform
HKEX says the system, used by traders in Hong Kong to buy stocks in China, will speed up settlement and provide greater transparency.
HKEX says the system, used by traders in Hong Kong to buy stocks in China, will speed up settlement and provide greater transparency.
The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 2-8, with live updates throughout.
Relative attractiveness of bonds means less incentive to invest in bitcoin. The leading cryptocurrency is considered a zero-yielding risk asset, by some observers.
DOGE’s new-found stability reflects a lack of investor interest in trading alternative cryptocurrencies.
Incorporating AI and DLT into business models may require “substantial investment” at first – but could help lower expenses and improve market liquidity over time, a new report said.
LSE is considering using a separate entity for the blockchain-based markets business, according to the Financial Times.
Swift and Chainlink announced in June they were collaborating with dozens of financial institutions to test connecting blockchains.
Inflows to Coinbase’s (COIN) new Base blockchain were muted on the first day after its official launch, failing to meet the expectations of some crypto traders that massive amounts of capital would flow in. Just over $10 million was bridged, or transferred, to the new blockchain in the past 24 hours, according to data in … Read more