The two companies and a third unnamed global tier 1 bank carried out the repurchase agreement transactions on Broadridge’s Distributed Ledger Repo platform. The functionality enhances the possibilities for intraday liquidity management.

Digital Asset’s “network of networks” allows normally siloed financial systems and institutional assets to interact and synchronize in previously impossible ways. Participants include BNP Paribas, Goldman Sachs, Cboe Global Markets, Microsoft and many others.

The call for participants in Australian CBDC project pilot has received significant interest. At almost the same time, Australian Securities Exchange (ASX) cancelled its plans for its settlement system upgrade that utilized blockchain technology.