News
JPMorgan launches on-chain intraday repo solution, built with HQLA-X and Ownera
According to Foresight News, JPMorgan Chase launched a new on-chain intraday repurchase solution. The "cross-digital ledger solution" was constructed by institutional fintech company HQLA-X and digital asset connectivity project Ownera. The tool allows repurchase traders to use blockchain deposit accounts on JPMorgan’s dedicated Kinexys network to exchange cash held by JPMorgan for securities on the HQLAx platform with the settlement and maturity times to minutes.
Disclaimer: The views in this article only represent the author's personal views and do not constitute investment advice of this platform. This platform does not make any guarantees for the accuracy, completeness, originality and timeliness of article information, nor is it liable for any losses caused by the use or trust in article information.