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2026-10-15 02:01:30 UTC

RWATimes on Nostr: 📰 BNY tokenizes a Treasury for repo. The question is why it needs to 🗓️ Oct ...

📰 BNY tokenizes a Treasury for repo. The question is why it needs to
🗓️ Oct 14 2026 17:51 UTC - Ledger Insights

BNY has completed what it calls the first use of tokenized collateral on a major triparty repo platform. Citadel Securities bought a two year Treasury

➤ BNY Mellon has tokenized a two-year Treasury note for use as collateral in a triparty repo transaction, settling in minutes.
➤ The article questions the necessity of blockchain for this transaction, given BNY's existing capabilities in real-time settlement and intraday repo.
➤ BNY suggests potential benefits of tokenization, but the article speculates that the underlying reasons might be more significant than stated.

#bnymellon #tokenizedtreasury #tripartyrepo #citadelsecurities #tradeweb #distributedledger #t1settlement #intradayrepo #blockchain

🔗 Read more at: https://rwatimes.io/articles/ledgerinsights-bny-tokenizes-a-treasury-for-repo-the-question-is-why-it-needs-to-2999214703