Today R3
announced that
SIX Digital Exchange has selected R3’s Corda Enterprise to run its digital asset trading platform. SIX operates Switzerland’s main stock exchange.
Initially planned for the first half of this year,
last month SIX delayed it to the second half. The exchange plans to launch with a Security Token Offering, which is similar to an ICO except it’s for tokenized shares.
The main blockchain benefit for stock trading is by tokenizing assets and cash, it enables the clearing, settlement and custody steps to happen simultaneously.
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