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BNY and Citadel Securities Complete Landmark Transaction Using Tokenized U.S. Treasuries
In a significant milestone for the integration of distributed ledger technology into traditional finance, BNY—the world’s largest custody bank—and global trading giant Citadel Securities announced on Tuesday the successful completion of a transaction involving tokenized U.S. Treasuries. The pilot, which signals a major shift in how institutional market participants manage liquidity, demonstrates the potential for…
