CoinVoice has recently learned that, according to The Block, JPMorgan has launched a brand new on-chain intraday repurchase solution.



The "cross-digital ledger solution" was built with the assistance of institutional fintech company HQLA-X and the digital asset interoperability project Ownera. This tool allows repo traders to convert cash held by JPMorgan into securities on the HQLAx platform using blockchain deposit accounts on JPMorgan's proprietary Kinexys network, with settlement and maturity times precise to the minute.
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