JPMorgan’s Onchain Intraday Repo Trades $5B in First Month

JPMorgan's Onchain Intraday Repo Trades $5B in First MonthJPMorgan, HQLAx and Ownera have launched a cross-ledger intraday repurchase agreement (repo) solution, with $5 billion traded during its first month of operation. JPMorgan, HQLAx, Ownera Debut Cross-Ledger Repo The solution enables repo traders to exchange cash held at JPMorgan for collateral held at HQLAx intraday, the release shared with Bitcoin.com News explains. Settlement and […]

Source: https://news.bitcoin.com/jpmorgans-onchain-intraday-repo-trades-5b-in-first-month/