Singapore’s largest financial institution by market cap, DBS, accomplished a hard and fast earnings commerce on JPMorgan’s blockchain community Onyx. DBS mentioned it’s the first Asian financial institution to make use of the Onyx community, which is a blockchain-based mounted earnings buying and selling community, to finish a commerce. The Onyx Digital Belongings community makes use of tokens for short-term buying and selling in mounted earnings markets, enabling traders to lend property for a interval of hours with out them leaving their stability sheets.

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