The Tel Aviv Stock Exchange (TASE) announced it’s working on a securities lending blockchain with Accenture and Fintech hub TheFloor. Currently, Israel lacks a centralized stock lending mechanism, and most lending is performed interbank.
Two months ago Deutsche Börse revealed it is working on a stock lending distributed ledger with HQLAX.
The Israeli project aims to permit access to larger volumes and make it quicker. It may support short-term lending positions.
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