BNY, Citadel Securities complete Treasury repo in first use of tokenized assets on major triparty platform
Oct 14 2026 13:21 UTC - Brian Danga
➤ BNY Mellon and Citadel Securities successfully completed a Treasury repo transaction using a tokenized 2-year U.S. Treasury note on BNY's private ledger.
➤ This marks the first use of tokenized assets on a major triparty repo platform, settling in minutes and demonstrating enhanced efficiency for institutional workflows.
➤ The transaction highlights a broader industry trend of major financial institutions exploring tokenized deposits and digital cash capabilities for settlement and financing.
Read more at: https://rwatimes.io/articles/theblock-bny-citadel-securities-complete-treasury-repo-in-first-use-of-tokenized-assets-on-major-triparty-platform-3561349767?utm_source=binance
Oct 14 2026 13:21 UTC - Brian Danga
➤ BNY Mellon and Citadel Securities successfully completed a Treasury repo transaction using a tokenized 2-year U.S. Treasury note on BNY's private ledger.
➤ This marks the first use of tokenized assets on a major triparty repo platform, settling in minutes and demonstrating enhanced efficiency for institutional workflows.
➤ The transaction highlights a broader industry trend of major financial institutions exploring tokenized deposits and digital cash capabilities for settlement and financing.
Read more at: https://rwatimes.io/articles/theblock-bny-citadel-securities-complete-treasury-repo-in-first-use-of-tokenized-assets-on-major-triparty-platform-3561349767?utm_source=binance