Virtu and Tradeweb, two long-established traditional financial institutions, recently carried out an on-chain repo transaction on the Canton Network. The collateral was the digital bond USDM1 issued by the Marshall Islands. The key point is that the entire repo cycle was completed in under 10 minutes—this speed is definitely something. It shows that traditional institutions are no longer just watching and not acting; they are starting to use on-chain tools to process transactions with real money. I think if this kind of efficiency continues to be validated, the bond tokenization and RWA track may accelerate. It may not pump in the short term, but the direction is pretty clear.
#RWA #CryptoEarning