{"id":165542,"date":"2025-08-07T17:50:46","date_gmt":"2025-08-07T14:50:46","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=165542"},"modified":"2025-08-07T17:55:31","modified_gmt":"2025-08-07T14:55:31","slug":"jpmorgan-unveils-blockchain-based-repo-settlement-platform","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/jpmorgan-unveils-blockchain-based-repo-settlement-platform\/","title":{"rendered":"JPMorgan Unveils Blockchain-Based Repo Settlement Platform"},"content":{"rendered":"
The platform marks a major step toward interoperable digital financial infrastructure and aims to modernize liquidity management for institutional market participants.<\/p>\n
The solution allows repo traders to transfer cash via J.P. Morgan and collateral through HQLAx, while orchestrating the full lifecycle of the transaction\u2014execution, clearing, and delivery-versus-payment (DvP)\u2014across separate digital ledgers. Ownera\u2019s routing technology, built on the open FinP2P protocol, is the backbone that enables this cross-platform orchestration.<\/p>\n
Now live in its initial phase, the platform is already handling up to $1 billion in daily transactions, with further volume growth expected. The process involves exchanging ownership of securities on HQLAx\u2019s platform, while cash is settled on J.P. Morgan\u2019s Kinexys\u2014a digital financing application using blockchain-based deposit accounts.<\/p>\n
This marks one of the most advanced implementations of tokenized repo infrastructure to date, addressing a long-standing industry need for interoperability between digital cash and collateral systems.<\/p>\n