Real-time settlement is the key benefit of blockchain-based processes.
Lack of connection between the two markets in China has resulted in poor price discovery and liquidity.
The exchange's network will enable a range of market participants to access high-quality crypto data.
Change is being driven by volatility, velocity and variability.
The firm has acquired Omniex, a platform for institutional crypto trading.
Participants can increase straight-through-processing for voluntary corporate action instructions.
It may take 10-15 years for DeFi to be broadly accepted across financial markets.
The collaboration allows Citi to scale its fixed income ETF servicing business.
Five banks joined tests for settling interbank, monetary policy and cross-border transactions in Swiss francs.