Eurex turns hybrid CCP as a digital ESM bond qualifies as collateral
Eurex Clearing will clear native digital instruments under one rulebook, with the ESM's EUR 1 billion Pontes-settled bond first in line for repo and margin.
Chains, oracles, settlement layers and the plumbing under tokenized finance.
Eurex Clearing will clear native digital instruments under one rulebook, with the ESM's EUR 1 billion Pontes-settled bond first in line for repo and margin.
Malaysia's central bank went live Oct 20 with an in-house DLT depository for tokenized bonds and sukuk, settling in central bank money 24/7 via RENTAS+.
Six weeks after Pontes went live, the ECB laid out a roadmap to 24/7 settlement of tokenised assets in central bank money by 2028.
Chainlink 24/7, launched Oct 29 at Link:NYC, prices tokenized RWAs through weekends using perpetual-futures quotes. Aave Horizon is the launch adopter.
BNY and Citadel Securities ran a tokenized 2-year note through a live triparty repo on Oct 13. Settlement took minutes; the buy-to-financing gap is the point.