Institutions complete successful trial using DLT for tokenized transactions

Ten institutions complete DLT trial: Ten MAJOR institutions, including Citibank and JPMorgan, have successfully concluded a trial utilizing distributed ledger technology for settling tokenized transactions. This trial marks an important step in adopting blockchain for mainstream financial operations.

Focus on tokenized securities settlement: The trial involved tokenized government and investment-grade bonds using a shared ledger for wholesale transactions. It examined interoperability with other DLT networks, showcasing how DLT can facilitate efficient and secure financial settlements.