London Stock Exchange Group also intends to bring other services into the Canton Network.
Pairing Coinbase with Citi’s regulated banking rails gives a direct path between tradFi & digital assets.
This streamlines OTC derivatives trading from price discovery through to execution.
Financial institutions of all sizes will be to clear and settle tokenised deposit transactions.
Tokenized fund holders can exchange shares for RLUSD 24/7, unlocking additional onchain transfers.
The strategic combination expands the firms’ ability to serve European institutional investors.
The move to T+1 settlement is one of the most significant changes to UK post-trade operations.
Seth Bernstein to retire as CEO on 31 March 2027.
The proposals relate to a regulatory framework for Board-supervised payment stablecoin issuers.
