DV Chain

A cryptocurrency derivatives exchange company, Bitnomial announced today it has launched US based, physically settled BTC futures with 35% margin, a significant milestone and a first for a de novo exchange. Bitnomial contracts allow for efficient basis trading, eliminating the need to execute bilateral trades to unwind positions, and enabling lenders and miners to hedge at scale.

DV Chain and Galaxy Digital executed the first trade which was cleared by R.J. O’Brien and ED&F Man Capital Markets.

Garrett See, CEO of DV Chain, said: “Bitnomial physically delivered futures represent a turning point for institutional crypto trading. The margined and cleared products allow for professional traders to scale their activities without counterparty risk or operational inefficiencies.”

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#tradefinance #derivatives #cryptocurrency

On 27 April 2021, the EIB launched a digital bond issuance on a blockchain platform, deploying this distributed ledger technology for the registration and settlement of digital bonds, in collaboration with Goldman Sachs, Santander and Societe Generale.

In a partnership with Banque de France, the payment of the issue monies from the underwriters to the EIB has been represented on the blockchain in the form of CBDC.

The EIB believes that the digitalisation of capital markets may bring benefits to market participants in the coming years, including a reduction of intermediaries and fixed costs, better market transparency through an increased capacity to see trading flows and identity of asset owners, as well as a much faster settlement speed.

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Sourced Directly From Bitcoin.com

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DV Chain

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