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#instant settlement

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IMF Report Explains Why Tokenized Finance Is Struggling to Scale
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IMF Report Explains Why Tokenized Finance Is Struggling to Scale

Key Highlights Tokenized repurchase agreements (repos) currently average between $300 billion and $350 billion in daily volume, with credit, money market funds, and equities adding another $65 billion. Retail demand is fueling activity, with over 50% of trades taking place outside traditional market hours and roughly 80% of tokenized equity transactions involving fractional shares. The ...

Payward Partners with Singapore Gulf Bank for Enhanced Services
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Payward Partners with Singapore Gulf Bank for Enhanced Services

Key Highlights: Payward, the parent organization behind crypto exchange Kraken, has entered a strategic partnership with Singapore Gulf Bank (SGB). The integration incorporates SGB’s real-time, multi-currency clearing network to deliver 24/7 instant settlement capabilities for institutional clients. Focusing on institutional market participants across Asia and the Gulf, the service will initially support U.S. dollar settlements ...