Mandatory clearing for U.S. Treasury cash transactions is due at the end of the year.
The company has been established through a partnership with Tradeweb.
This is the first exchange to enable smart contract-based matching and settlement.
The leveraged loan market has fragmented, static and often delayed data.
The firm has reached $5bn in assets under management in artifical intelligence-driven strategies.
This marks the digital asset algorithmic and OTC trading firm's formal entry into U.S. regulated markets.
Treasuries, gold and S&P 500 are growing fastest onchain.
ADV for June was $2.9 trillion.
Securities daily average value rose to its the highest in 18 years.