AgentFi.News desk briefing of reporting by Cointelegraph.
Virtu, Tradeweb complete onchain repo using Marshall Islands digital bond
Virtu and Tradeweb executed a fully on-chain repo transaction using the Marshall Islands-issued USDM1 digital bond as collateral. The deal was settled on the Canton Network, completing the entire repo cycle in under ten minutes. This rapid settlement demonstrates the efficiency of blockchain-based financing and the growing adoption of digital bonds in institutional markets. The transaction showcases how digital securities can streamline traditional repo operations, reducing counterparty risk and settlement time while providing transparent audit trails and ensuring regulatory compliance.
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