JPMorgan has made another big move!

Recently, it successfully launched a brand new on-chain intraday repo solution. This solution is quite special, as it was built with the assistance of institutional fintech company HQLA-X and the digital asset interoperability project Ownera.

This tool, named the 'Cross-Digital Ledger Solution,' brings unprecedented convenience to repo transactions. In the past, the process of repo transactions was complicated and time-consuming, but now it's different.

Traders can easily exchange cash held by JPMorgan for securities on the HQLAx platform using blockchain deposit accounts on JPMorgan's dedicated Kinexys network. What's even more impressive is that the entire settlement and maturity time is accurate to the minute, greatly enhancing trading efficiency and significantly speeding up the flow of funds.

The launch of this innovative solution has far-reaching implications for the financial market. On one hand, it allows financial institutions to manage funds more flexibly and reduce intraday risk; on the other hand, it signifies an important step forward in the application of blockchain technology in the financial sector. In the future, we may see more similar innovative financial services emerge, changing the entire landscape of the financial market. #美SEC批准流动性质押