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Digital asset leaders from Citi, JPMorgan and DTCC said blockchain-based rails are moving into production.
Citi's tokenized deposit system now moves billions, up from millions one year ago.
KEY POINTS
- JPMorgan's Kinexys blockchain platform has processed over $1 trillion in transactions to date.
- DTCC is initiating the migration of parts of its $150 trillion securities infrastructure onto a shared digital layer.
- Firms are integrating blockchain to address specific pain points like collateral, liquidity, and cross-border payments.
- Panelists clarified that key intermediation roles will persist despite increased blockchain adoption.
COMPANIES
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