Citadel Securities and BNY separately advance tokenized US Treasury initiatives
Tokenized Treasuries could revolutionize financial markets by enabling 24/7 trading and settlement, potentially increasing liquidity and efficiency. The post Citadel Securities and BNY separately advance tokenized US Treasury initiatives appeared first on Crypto Briefing.
Citadel Securities and BNY Mellon are separately advancing initiatives to tokenize US Treasuries, according to Crypto Briefing. Tokenized Treasuries could enable 24/7 trading and settlement, potentially boosting liquidity and efficiency in financial markets. While no specific crypto assets are named, the move by major traditional finance players signals growing institutional adoption of blockchain-based asset tokenization, which traders may view as a positive long-term development for the crypto sector.
