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2026-10-15 02:01:34 UTC

RWATimes on Nostr: 📰 BNY and Citadel transact tokenized UST triparty repo workflow 🗓️ Oct 14 ...

📰 BNY and Citadel transact tokenized UST triparty repo workflow
🗓️ Oct 14 2026 15:13 UTC - Finadium Editorial Team

BNY completed a triparty repo workflow with Citadel Securities using a tokenized representation of a US Treasury (UST), marking the first use of tokenized assets on a major triparty repo platform. In the transaction, a 2-year US Treasury note was purchased and represented on BNY’s private digital ledger as a tokenized security, settling near-instantly rather...

➤ BNY Mellon and Citadel Securities successfully executed a triparty repo workflow using a tokenized US Treasury (UST) on BNY's private digital ledger.
➤ This transaction marks the first use of tokenized assets on a major triparty repo platform, demonstrating near-instant settlement and efficient collateral use.
➤ The initiative highlights the potential for tokenization to enhance speed, transparency, and liquidity in institutional market activities, aligning with BNY's strategy to bridge traditional and digital finance.

#tokenizedustreasuries #tripartyrepo #citadelsecurities #bnymellon #collateralmanagement #digitalledger #settlement #liquidity #financing

🔗 Read more at: https://rwatimes.io/articles/finadium-bny-and-citadel-transact-tokenized-ust-triparty-repo-workflow-1462051927