Today U.S. blockchain startup Alphaledger announced it is collaborating with Tradeweb Markets, the company that operates one of the main over-the-counter markets for fixed income securities. They plan to jointly develop new products using Alphaledger’s blockchain technology.
This marks the second blockchain initiative for Tradeweb in the span of a month – it invested in Securitize, which operates the tokenization infrastructure for BlackRock’s first digital money market fund, BUIDL.
Tradeweb currently supports around $1.5 trillion (notional value) daily trading.
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