The DSD will operate in the Bank of England’s Digital Securities Sandbox, allowing ClearToken to issue and settle tokenised versions of existing securities
The European Central Bank hopes to gain first-hand experience throughout the whole investment lifecycle, including trade execution, settlement, systems, and portfolio management
The move is expected to support the continued development of Iceland’s capital markets by introducing central clearing and bringing the market closer to international standards
Through the Canton improvement proposal, TreasurySpring will record the ownership of a material and growing proportion of newly issued fixed-term fund shares on Canton’s distributed ledger technology