Tag : Jordan Goldman

Ascend and M1X Global Complete First Institutional Repo on Stellar Using USDM1 Secured Sovereign Bond
Blockchain Finance News

Ascend and M1X Global Complete First Institutional Repo on Stellar Using USDM1 Secured Sovereign Bond

Business Wire
by Business Wire0
Landmark transaction demonstrates 24/7 institutional financing on the Stellar network with 72 consecutive automated hourly repo rolls over three days, including overnight and weekend operations Ascend Markets, LLC, a wholly owned subsidiary of PSG Digital Labs, Inc. (“Ascend”), and M1X Global announced the successful completion of the first institutional repurchase......
Nonco Expands Institutional Collateral Toolkit from Tokenized Money Market Funds to Secured Sovereign Debt
Finance News Trading

Nonco Expands Institutional Collateral Toolkit from Tokenized Money Market Funds to Secured Sovereign Debt

PR Newswire
by PR Newswire0
Early adopter of tokenized money market fund collateral adds USDM1, the world’s first natively issued secured sovereign bond, as collateral across derivatives, financing and institutional trading Nonco, an institutional digital asset firm with businesses spanning derivatives, lending, OTC liquidity, market making and institutional execution, announced that it will accept USDM1 as collateral......
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