The insurance broker says that the facility provides up to US $825 million in insurance capacity and will support organisations with digital assets held offline
This second testing phase has extended the project coverage to include a more complex set of use cases, employing Swift’s solution to support transactions across simulated digital transactions, tokenised assets and foreign exchange networks
The programme demonstrates the interoperability of 22 independent distributed ledger applications in the capital markets domain, achieving the execution of more than 350 simulated transactions
This tested the tokenisation of a private equity fund issued by Wellington, with ABN AMRO fulfilling the role of a traditional investor. The proof of concept was conducted on the Avalanche Spruce Institutional test Subnet
The SIX Reference Rate Crypto Indices and SIX Real-Time Crypto Indices cover bitcoin and ethereum, providing a “comprehensive snapshot” of the market and its performances
The companies aim to connect virtual assets with traditional investment vehicles for both retail and institutional investors, with initial plans to launch a spot bitcoin ETF in the jurisdiction
