Paxos Launches Paxos Settlement Service for Commodities and Achieves Simultaneous Settlement for Multiple Counterparties
Paxos, the first regulated blockchain infrastructure platform, announced it has launched the Paxos Settlement Service for commodities. Paxos now facilitates the simultaneous settlement of cash and commodities trades, a first in the precious metals market. It delivers zero-risk settlement for commodities market participants with fully automated delivery versus payment (DVP)......