#settlement network

[rwatimes]

Anchorage Launches Settlement Network for Institutional Crypto Trading

➤ Anchorage Digital has launched a new settlement network, Coordinated Multiparty Settlement (CMS), designed for institutional crypto trading. ➤ The CMS network allows institutions to trade on crypto venues while maintaining custody of assets with Anchorage Digital Bank, aiming to mitigate counterparty and operational risks. ➤ This initiative is part of a broader trend of financial institutions expanding infrastructure for tokenized assets and institutional trading, with integrations planned for forex trading platforms like Spotex.

[rwatimes]

Seturion Expands European Token Settlement Network With Societe Generale And FlatexDEGIRO

Boerse Stuttgart's Seturion adds Societe Generale and flatexDEGIRO to its token settlement network, expanding pan-European digital securities infrastructure.

➤ Seturion, owned by Boerse Stuttgart Group, has expanded its token settlement network by adding Societe Generale and flatexDEGIRO, aiming to create a unified pan-European infrastructure for tokenized securities. ➤ This expansion integrates major banking and brokerage players, facilitating more efficient cross-border settlement of digital securities and signaling growing institutional confidence in the space. ➤ The move is significant for European markets, addressing the need for standardized settlement infrastructure and potentially offering broader access to tokenized assets for institutional and retail investors.