Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
FollowingVirtu Financial, M1X Global and Tradeweb complete online repurchase transaction
According to a joint statement by relevant companies, Virtu Financial, M1X Global and Tradeweb recently completed an online repurchase transaction with sovereign digital bonds as collateral. The entire process was settled on the Canton Network and took less than 10 minutes.
The core collateral of the transaction is USDM1, a dollar-denominated sovereign bond issued on the chain by the Republic of the Marshall Islands. The instrument is fully backed by short-term U.S. Treasury bonds on a 1:1 ratio, still pays a coupon while it is served as collateral, and is structured as fully collateralized sovereign debt under New York law.
