Tech

Bank of America is testing Paxos Trust’s network to settle stock trades quickly using blockchain, plans to roll out to clients if approved as a clearing agency (Matthew Leising/Bloomberg)


Matthew Leising / Bloomberg:

Bank of America is testing Paxos Trust’s network to settle stock trades quickly using blockchain, plans to roll out to clients if approved as a clearing agency  —  – The lender is the largest addition so far to the Paxos system  — Potential for real-time settlement threatens DTCC’s dominance

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