Instinet and Credit Suisse conduct live same-day settlement of US equity trades
Paxos Settlement Service is a private, permissioned blockchain solution designed to allow two parties to bilaterally settle securities trades directly with each other.
The platform has been settling trades daily for more than a year, and is operating on the standard T+2 settlement timeframe. The same-day settlement was conducted with live trades to demonstrate the future capability of the platform.
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