#synchronized-settlement

[rwatimes]

Tradeweb Moves U.S. Treasuries On-Chain As Tokenization Push Reaches Real-Time Settlement - FinanceFeeds

Tradeweb has completed a real-time on-chain U.S. Treasuries transaction on the Canton Network, pairing a tokenized Treasury security with tokenized cash in a

➤ Tradeweb successfully executed a real-time, on-chain U.S. Treasuries transaction on the Canton Network, pairing a tokenized Treasury security with tokenized cash. ➤ This landmark transaction, involving major institutions like Franklin Templeton and Virtu Financial, demonstrates the potential for continuous settlement in institutional fixed income markets. ➤ The event signifies a move from tokenization pilots to controlled production environments, integrating traditional trading infrastructure with blockchain-based settlement rails.

[rwatimes]

Tradeweb Facilitates Landmark On-Chain U.S. Treasuries Transaction on the Canton Network

➤ Tradeweb successfully executed a landmark on-chain transaction involving tokenized U.S. Treasuries and USDCx on the Canton Network, demonstrating real-time settlement capabilities. ➤ The transaction, which saw Franklin Templeton transfer a tokenized U.S. Treasury to Virtu Financial, highlights Tradeweb's role in facilitating digital markets and the potential for 24/7 trading. ➤ This milestone signifies growing institutional interest in tokenized RWAs and paves the way for DTCC's upcoming Tokenization Services launch, aiming to enhance global market access and efficiency.