The Dutch online investment platform has partnered with Sharegain to launch ‘Lend & Earn’ which allows customers to generate extra income from their investments
The collaboration allows eligible clients to use tokenised money market fund shares issued through Franklin Templeton’s Benji technology platform as off-exchange collateral when trading on Binance
The lab will support collaborative, exploratory work focused on how synchronised payments through the Bank of England’s Real-Time Gross Settlement (RTGS) service could support the future evolution of wholesale market infrastructure
With the trade completed in December, Elliot Waxman, head of cross-product business development at GLMX, says it is an important milestone for the market and the firm’s clients
Goldman Sachs Agency Lending will work with MIFL’s custodian bank to support the firm’s customised programme, lending across equity, fixed income, and ETF asset classes
The group has outlined its counterparty risk-dependent stance on tokenised collateral, preferring systemically important institutions to third or fourth-tier banks