Imperium Markets and Digital Finance CRC (DFCRC) will pilot a research project into how the tokenisation of assets and settlements can benefit Australian Money Markets and Debt Capital Markets.
Imperium Markets
Imperium Markets and Digital Finance CRC (DFCRC) will pilot a research project into how the tokenisation of assets and settlements can benefit Australian Money Markets and Debt Capital Markets.
The Reserve Bank of Australia says creating real-world financial assets in a “tokenised” form could unlock billions of dollars in annual savings for banks and other financial institutions by streamlining settlement processes and automating registries.
* Two major banks have used a real central bank digital currency to trade deposit securities.
* It is the first time this has happened using a CBDC that is a claim on the central bank.
* A Senate committee heard lack of regulation in the digital asset area is holding back innovation.
The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) have released a report on the findings from the joint research project involving industry that explored potential use cases for a central bank digital currency (CBDC) in Australia.
Australia’s major banks are using a new financial market that will shift settlement of term deposits for institutional investors to real-time using similar blockchain technology that the ASX has failed to implement for the equity market.
Imperium Markets clients can now have trades automatically pushed into their GTreasury portfolio – streamlining workflows and reducing risks by eliminating manual data entry
Imperium Markets, an ASIC licensed fintech firm, and r3, a leading provider of enterprise technology and services, today announced a new partnership which will deliver for the first time, the full potential of blockchain for Australia’s financial markets.
Former ANZ chief executive Mike Smith isn’t the only big name backing regtech/fintech player Imperium Markets.
Street Talk can reveal Macquarie Bank tipped into the rising star’s capital raising that closed in September.
Imperium Markets