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Virtu, Tradeweb complete onchain repo using Marshall Islands digital bond

Published Source: CoinTelegraphRead original

Crypto Insight Summary: The transaction used the Marshall Islands-issued USDM1 bond as collateral and completed the full repo cycle on the Canton Network in under 10 minutes. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Institutional adoption of blockchain for repo is positive but limited to niche use cases.

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Virtu, Tradeweb complete onchain repo using Marshall Islands digital bond — Crypto Insight