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Uber joins HSBC and Franklin Templeton blockchain investment pilot

NewsFeeds update

Uber took part in a blockchain pilot with HSBC, Franklin Templeton, Tradeweb and Fireblocks, using HSBC tokenised deposits to buy and sell a Franklin Templeton tokenised money market fund and earn 1.5 extra days of yield. HSBC says the pilot proved the technology works and the service can now be offered to other clients.

AltcoinsOdailyAIBullish

Read the original on Odaily

The story so far: Uber HSBC Franklin Templeton blockchain pilot

Uber took part in a blockchain pilot with HSBC, Franklin Templeton, Tradeweb and Fireblocks, using HSBC tokenised deposits to buy and sell a Franklin Templeton tokenised money market fund. Settlement ran on a public blockchain via the Canton Network, letting firms avoid selling assets before Friday's market close.

  1. Uber joins HSBC and Franklin Templeton blockchain investment pilot

    Uber took part in a blockchain pilot with HSBC, Franklin Templeton, Tradeweb and Fireblocks, using HSBC tokenised deposits to buy and sell a Franklin Templeton tokenised money market fund and earn 1.5 extra days of yield. HSBC says the pilot proved the technology works and the service can now be offered to other clients.

    AltcoinsOdailyAIBullish

  2. Uber joins HSBC and Franklin Templeton blockchain investment pilot

    Uber has joined a blockchain investment pilot with HSBC, Franklin Templeton, Tradeweb and Fireblocks, using HSBC tokenised deposits to buy and sell a Franklin Templeton tokenised money market fund over a weekend. Settlement runs on a public blockchain via the Canton Network, letting firms avoid selling assets before Friday's market close.

    AltcoinsPANewsAIBullish

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.