A form of short-term borrowing for dealers in government securities, where the dealer sells the government securities to investors, usually on an overnight basis, and buys them back the following day.
The initiative is one of the first native to Solana, built to address the illiquidity differences between tokenised RWAs and non-treasury assets and the friction this causes
The group has outlined its counterparty risk-dependent stance on tokenised collateral, preferring systemically important institutions to third or fourth-tier banks
The integration allows institutional clients to streamline operations through automated settlement and real-time reporting while enhancing visibility with integrated position reporting across multiple currencies and counterparties
The journey towards a more efficient settlement model coincides with a trend toward increased automation with higher volume in the bond markets, the firm says
Technology
